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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 (118338)12/6/2000 4:58:14 PM
From: Dave Gore  Read Replies (2) of 120523
 
Smart to be flat. Nobody knows what tomorrow brings. I am looking at Briefing.com headlines...

-SCNT warns
-SSP warns
-OMM warns
-BAC warns
-Hasbro just warned
-yesterday AAPL warned, GTW last week
-People concerned about MOT, INTC, HWP, NKE, everywhere it seems.
- Gore loses ground then Gore wins a little ground back, Fed to ease, but then it doesn't matter since it'll be too late to save the economy, Market up one day, then market down the next, etc., etc.

INDECISION 2000 is everywhere!

Yet, many think that yesterday was very significant in the market's bid for a comeback.

CONCLUSION?
No one seems to agree about much of anything so why even listen to anyone about tomorrow or next week or next year?

There really seems to be only 3 strategies that make sense for most people:

1) Stick money in LEAPS or average into mutual funds and forget about them for awhile and take a vacation or get a real job (LOL!)... or

2) Go flat (at least with options) most every day and see what the Market tells you at the opening and throughout the trading day. Do your homework and use all the knowledge in your arsenal to try to make each day profitable.

3) A combo of the above, which is what I am doing.
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