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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Brian Malloy who wrote (24488)10/7/1999 11:42:00 AM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Thanks Brian. I have not raised any cash but I have reduced my margin within the last week including today.

I guess that the market will fluctuate still is pretty much a given. But I am pretty sure that the trend is up.

Like I thought, Europe did not raise their interest rates either.

Abby Cohen sees no reason why the market will not go higher. She did say not as much as before. Well. I can live with that. gg.

I am not trimming any of my long term holdings. That does not mean that I will not pick up trading shares in Intc and the like. I feel more comfy with that than options and stuff. If things go down I can hold on to those as long as its good stocks. But I def. will reduce my margin. I told Sonki that I have been getting too greedy. Better a little less greedy than being sorry. gg.

But as always. I don't think anything will beat the stock market in the long run. I will let my long term holdings multiply.

Sonny