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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (97170)5/11/2000 11:26:00 AM
From: Jenna  Read Replies (1) of 120523
 
Guy on CNBC is talking about rebalancing, but it is actually churning, which I said yesterday. MACR.. broke out of downtrendline to upside, CTXS, RFMD, all, CEGE, MYGN but that is not the point..The point is what can we do to make these into longer running gains. We can't really but we can try. I think we are really looking for buying opportunities for the long term. We could be looking back at this buying opportunity so you might want to keep a few hundred shares. Most of my friends are looking for a few years but they have gone down from 800,000 and 500,000 to 500,000 and 200,000 so I would not be too happy about waiting years to get even. By the time their portfolio comes back to match the gains of March, we'll be up 100% with trades and spanking new longer term portfolios.

This has happened to me 3 times in the past and I've always been very satisified I sold and bided my time.
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