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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (17721)12/5/1999 6:08:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
DD, I 'get the drift' and couldn't agree with you more about what's moving the market. When I reviewed different mutual fund's holdings last week, I was surprised to find that regardless of label or fund name, many many funds are loading up on high techs, most likely in order to boost their respective returns in perhaps lagging sectors. Last week's buying was attributed to end of the quarter window dressing.

Where I differ from you right now is in willingness to take risk.I'm satisfied with my profit and don't like the risk involved in the Naz right now. I'll be back in the saddle in a little while, fully loaded as usual, but for the first time in a long time, I'm mostly in cash.

Sergio