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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (14259)2/22/1998 10:38:00 AM
From: dennis michael patterson  Read Replies (2) of 94695
 
Regarding Ibexx,

Bill. I have been reading Ibexx on various threads for about 2 years. She has her prejudices (e.g., day-trading-- she loathes it). Her strategy seems to be to build core positions in long-term winners (e.g., INTC, CSCO), buy leaps during corrections, and speculate a bit. My guess is that she is up 300 percent or more in the last 3 years. She has an excellent sense of the medium to long term, and she is right about all the perma and semi-perma bears on this thread.

These are just some observations, comments, etc. There IS a correction-- and a sizeable one -- coming, and soon. But if 8500 is taken out tommorrow or Tuesday, nothing serious will happen until mid-March.

Regards,

DMP

ps: Love the thread!
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