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Strategies & Market Trends : Moufassa's Lair

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To: ALTERN8 who wrote (13220)6/2/2003 12:17:02 AM
From: Mark Konrad  Read Replies (1) of 13660
 
CSCO...yes and no. From very aggressive large buys the week before last, I sold the bulk Thurs and Fri and am now holding only a reduced core position. Pretty much the same with all the others (about 40 individual issues) as they have all rocketed into short-term overbought territory and are due for another pause/retracement at any time. I'll be more defensive at the start of this week and look to holding more cash and gold again. Most of the "easy" money on this leg up was made last week and I have no intention of giving it back! Another profitable buying opportunity will come again. All imo--MK--
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