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

To: Rande Is who wrote (22102)	3/10/2000 5:50:00 PM
From: Tradelite	Respond to of 57584

Enjoying the comments on market action....being very cautious myself.....thinking more long-term than ever....selling good stocks for a certain preconceived target gain was a losing strategy for the entire past year....HOWEVER, the market direction this week has been down despite gains in specific stocks....watch out is what I'm teling myself. If you're holding 90 stocks, you have 90 chances to lose money. If you concentrate on the big-cap guys, as I have been, and you bought them when they were out of favor, you have not only made some gains this month, but you have only a little room to crash...unless, of course, things get really bad. Being in the real estate industry, I'm already seeing the damaging effects of higher gas prices, higher mortgage rates and inflation, so I'm perhaps a bit more negative than most and am choosing the industries I'm investing in more carefully. The wizards of Wall Street are already pointing out that, while tech stocks seem immune to higher interest rates, the customers of those tech companies are not immune, therefore consider the consequences. I've also experienced the cyclical nature of market rises and declines more than younger investors, so this is also a source of my caution. Like Rande says, profit often. To that I would add, don't get overextended and protect your capital.