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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (54738)10/5/1998 12:55:00 PM
From: Elroy Jetson  Read Replies (1) of 58727
 
If the market declines as badly as it looks like it will over the next month or so, this will make possible a strategic shift to being a "long term investor" for a few years.

Just buy dominant brand names and hold them for a few years until congestion and pay a modest capital gains. Quite a change from all the trading I've been doing for te past year!

But first I want to see excess on the down-side. Why stop at Dow 6,600 when Dow 5,400 is just one panic stop further down the track.

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