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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: LemonHead who wrote (13768)11/29/2000 10:20:24 PM
From: OldAIMGuy  Read Replies (3) of 18931
 
Hi LH, All I can say is

Buy from the Scared, Sell to the Greedy!

Seems like the market's getting close to panic. National net worth is shrinking faster than a third leg in Lake Superior!

I have a couple of mutual funds that haven't really dropped much. I wonder what the heck they own! Some of the stocks I don't own but tend for others are just treading water. Mostly utilities and such. They are buoyed by their dividends. Good old GSF has been steady here as well, and paying monthly yield as well.

JFH mentioned the Catch 22 of lowering interest rates. For the cap. equipment companies export sales are hindered by high interest rates and we're still sitting with huge monthly trade deficits. This might be Catch 1/22.

I have some stock to buy tomorrow. That'll keep me busy. My Sunguard Data is ripe for another Sell tomorrow also. Nice to have something to do. Fer Sher I won't be watching CNBC.

Best regards, Tom
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