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Strategies & Market Trends : Position Trading Forum

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To: Hyperpy who wrote (182)8/11/1998 12:34:00 PM
From: Tim Luke  Read Replies (4) of 7247
 
Let may just state my opinion on the market:

I think the smartest thing to do right now his hold only a few positions, this market correction is not over and stocks will continue to decline across the board. But once it ends we will see one hell of a rally and if you are sitting on cash you be able to throw a dart a pick a winner.

IMO, the rest of August will be like what we are seeing today. So what I will be doing is holding OSI,DELL,NSM,MDCO and adding only one other stock and that will be at the end of the week. So between now and the end of the month I will be putting together a list of at least a half dozen companies that I will be buying. Once this correction is over these stocks will double my money in a very short period of time. This gives me 3 solid weeks of research for these picks that I'm quite sure will double my portfolio.
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