Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: j g cordes who wrote (11522)	8/25/2002 12:54:08 PM
From: James Strauss	Read Replies (1) of 13094

NEW YORK (Reuters) - Stock market pros often say a rising tide lifts all boats, an adage that conveys how positive sentiment yanks shares higher across the board. But those same Wall Street pros expect stocks to spring a leak next week as fund managers pare back on their recent best performers. j g: The long held "Buy and Hold" philosophy is giving way to hit and run trading... This will continue until we see steady corporate growth at reasonable valuations... Add a dash of clean books and higher executive ethics and you could see a return to "Buy and Hold"... Right now investors consider long term holds as "Buy and Holding the Bag" : > Jim

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