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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Ex-INTCfan who wrote (34211)3/20/2001 6:02:34 PM
From: freeus  Read Replies (1) of 65232
 
Oh boy have I had it with this market.
And the problem is the longer it takes doing this (I think) the longer will it take to recover. A nice fast down might have meant a nice fast up.
I sold all techs except a smattering. I don't know what will be the next leaders.
Intc??? What was Kumar's target? I'm almost afraid to ask...teens?
But we could have made some money buying Dell in the teens!
I have some of the Oak funds and Janus...they are doing HORRIBLY!!!!!
Keep your cash...forget the balanced fund...look for stocks with real earnings and good growth and low pe...they have to come back sometime.
I also turned a 7 figure portfolio into as yours...put half my cash into a bond fund and am I ever sorry: it is going down and cash would not have.
We all have to keep supporting each other: the market will come back, we will make money again and having been through this we will NEVER forget to sell before we have big losses.
Freeus
Maybe we can get another bubble going with the new investors that haven't been through this....let's go recuit!!!
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