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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: im a survivor who wrote (10024)10/26/2000 5:32:34 PM
From: Ex-INTCfan  Read Replies (1) of 65232
 
I've had the same thought -- you have to trade, at least that's the way its been the past few weeks. I don't have the mental energy for that. These things go in cycles. Late last year buy and hold was the correct thing. This year it has been better to be short or cash. Lately, trading would have worked, selling into strength, buying on big weakness. Whatever -- you can't stick with the same strategy for more than a few months. If this is true, maybe we are about to change again, and maybe buy and hold will come back into vogue. The PEs on many stocks certainly suggest this.

INTCfan
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