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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: adad69 who wrote (90359)	3/27/2000 9:30:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

I don't quite understand your post. I've been saying all along to hold a lot of cash and grab profits when they come. But I think the scenario will be: the next 2 weeks will be rather uncomfortable, which is fine, since I have a list of possible shorts that need their pants kicked in already. But if from Mid April to end of April the market is not surging than it will be the first time in my 16 seasons of earnings plays that the market did not surge during the 'techs reporting' in the heat of the season. There will be another correction probably end of April, but I never hold stocks in April since the market usually corrects in early April. My few long term holds will probably never be hurt and that leaves some mutual funds which will be my for my sons and 'not to be opened' until 2006 when the 'baby' graduates college and the big one will probably make me a grandma by then. I have cash sitting idly in Prudential, Fidelity and Chase H&Q that are not earning much at all, yet I hold them because cash is always king to a trader. I'm underextended in my trading portfolio and could probably trade triple what I do now but I'm conservative and cautious. I'm overextended in cash because I still think its the best and I've got less mutual funds: about 20% than I had last year same time. On the other hand you might remember a friend I mentioned who was an ex-professional gambler turned 'trader' who retired to Boca. Well still being a gambler he tripled his entire net worth in the last 3 months by going wholly into the biotech and semiconductor sectors while I did well but played much more conservatively. So if he is smart he will cash in his chips now and quit while he is ahead.