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Strategies & Market Trends : Investing for the January Effect 2000 -- Ignore unavailable to you. Want to Upgrade?

To: Mad2 who wrote (91)	1/9/2000 12:49:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 109

Not really and not exclusively. Don't we all love dogs even in our portfolios...I made just one mistake: Getting suckered into apparel/retailers when I tried to avoid them at all costs. Usually I tend to buy stocks when they have maximum "tension" and minimum downside risk. In november, december it was a bit different when I bought on strength, not on weakness (kept in mind that a weak & dead stock can be subj to tax loss selling). But then again the recent purchases in big techs accounted for the same aforementioned reasons hence provided an initial discount by the 10% tune with limited (?) or smaller downside. For the picks, I just mentioned the three to point out what can go wrong even in buying for any January turnaround...initially. However the more odd the stocks were (and my picks have been odd), the bigger is the variance in returns, seemingly - from 100% (KLOC) downto -18% at one point (FOB). Lesson learned, avoid stocks which had recent warnings, a tax loss selling candidate needs to have "cooled off" for some time and should not deflate in the very last time... PDX was such a candidate - it "cooled off" over 1/2 year...the big fall was long time back... Kind Regards, C.