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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Berney who wrote (21245)7/28/1999 10:09:00 AM
From: LTK007  Read Replies (1) | Respond to of 99985
 
Well after a night of scheming I took a 22k hit on my 2 worst,and ones
I wouldn't even buy at their present price(the Buffet test) and then rolled
80% of that money into a stock I think could do something--and the rest I returned to cash--so I am now 60% cash..
Ain't stocks fun:) BTW I was up a 100k for year before I got trapped
by believing too much in Goldman Sachs--the stock that really slammed me the most was NPLS. It's quiet period ended with no recommendations----GS had earlier labeled it a strong buy.
I feel at being 60% cash I have found a compromise--I will hold on to that 60% until something tells me to re-enter and that may be quite sometime.Thanks,Max