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Strategies & Market Trends : Position Trading Forum

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To: Pierre Aydin who wrote (2659)10/1/1998 9:59:00 PM
From: BarbaraT  Read Replies (2) of 7247
 
I jumped too soon ... bought a little more LU yesterday; but I am sure it will come back ... eventually. I think we might see a rally tomorrow. Don't know about my bank stock, though, but technology should rally back. Great prices on the phone equipment LU, TLAB and ADCT. And then there's Dell, Intc and Csco. So much to buy, so little money. But then, they may drop again next week.

I'm not nimble enough to day trade, so I have to pick those that I think that will go long term. Tim, I like MER, but I am afraid the banks still might have some downside. Mer traded up in after hours after they came out with their numbers on exposure to hedge funds. However, I am in CMB and BT as well as TRV ... I can wait. Hope for your sake it doesn't go down much more, but if it does, I feel it will be too difficult to pass up.
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