Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: FritzV who wrote (21972)	3/9/2000 5:57:00 AM
From: Rande Is	Respond to of 57584

Oops! . . .Summer Port Public now. . . . . .http://www.siliconinvestor.com/portfolio/detail.gsp?pid=9143119 Again, this is designed as a "safer" port to withstand the summer doldrums. Our aggressive long tech stock oriented ports may still perform well and may even beat the performance of this safer port over the summer. . .but this is about reducing risk. . . now that we have all made extraordinary gains, we want to preserve them and not be quick to give them back. . .so we build bulletproof portfolios for ourselves. .. or we hedge our tech investments by shorting the QQQ, etc. What we don't do is stare into the headlights. . . that always ends ugly. For those that still don't understand, the summer is traditionally and historically a time of consolidation for tech stocks. . . November to April is where the bull run gains are made for the year. . . April to November tends to be bearish [lower volume, less volatility and weaker prices in tech stocks] . . . the idea is to take your money out in April, buy up the best tech companies in August, then sell them again in February or March. . . The history of this sort of market timing is well established and is not expected to change much. . .remember the Wall Street fat cats leave in May/June for Europe or wherever.. .and do not return until September/October. . .which explains why summer volume is always so weak. . . except for a very brief rally ahead of July earnings. Rande Is