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

To: HairBall who wrote (39685)	2/10/2000 11:00:00 PM
From: StockOperator	Read Replies (1) \| Respond to of 99985

LG, I agree completely. Unless your strategy is to buy and hold the GE's or CSCO's of the world there are very few companies, especially in this "new economy" that are worth holding onto long term. I'm just not smart enough to know which technology is going to be around 2yrs from now. Plus, I don't know many people that can stomach a 50% drop in stock value in two weeks like some of these companies are seeing while keeping a level head. It almost forces your outlook to become shorter and shorter. Pretty soon we will all be day trading. I hope it doesn't get that bad. Regards, SO