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Politics : Idea Of The Day
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To: Tradelite who wrote (23490)2/15/1999 3:59:00 PM
From: Logain Ablar  Read Replies (1) of 50167
 
Tradelite:

If your becoming defensive why look to a utility. Rates are climbing which is never a good sign for utilities (and I don't know the fundamentals of TXU.

My defensive position is to increase cash and wail a while unitl I initiate any new long positions. Too many times on earnings plays the stock has tanked (too much momentum with others playing the earnings).

Just my 2 cents but good luck in whatever you do.

Tim
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