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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: If only I'd held who wrote (90927)3/30/2000 5:44:00 PM
From: Jim Bishop  Respond to of 108040
 
Great post. :-)



To: If only I'd held who wrote (90927)3/30/2000 5:45:00 PM
From: ciVic  Read Replies (2) | Respond to of 108040
 
IOIH - I agree. go get a nice dinner tonight...go indulge. go play mini golf with the GF/wife, have a few drinks, eat some NICE steak of salmon or whatever turns your crank. PIZZA?? spend some time with the kids, BE NICE to the people you love (anyone else guilty of taking the market out on the dog...GF..friends...etc.etc..)

Maybe go play some video games....go for a walk in the local ATRIUM or on the beach if you live near one. go SEE A MOVIE....rent a movie...go work out...take your car for a nice spin....

ciV



To: If only I'd held who wrote (90927)3/30/2000 5:46:00 PM
From: westpacific  Read Replies (1) | Respond to of 108040
 
If only I held - well said!!! We do have a great group here. Need to have a convention on of these days so we can all meet!



To: If only I'd held who wrote (90927)3/30/2000 5:52:00 PM
From: Jack Hartmann  Read Replies (1) | Respond to of 108040
 
Greg, Good post. You're right about portfolio building. Despite watching this week's new purchases take a hit. I was able to get stocks I thought would never drop 40% (CREE, SEBL, NTAP, EMLX, BRCD). The semiconductors will light the rally in mid April.
Jack



To: If only I'd held who wrote (90927)3/30/2000 6:00:00 PM
From: Wes Stevens  Respond to of 108040
 
Well said Greg :)



To: If only I'd held who wrote (90927)3/30/2000 6:02:00 PM
From: HandsOn  Respond to of 108040
 
Excellent post my friend,ttyl.



To: If only I'd held who wrote (90927)3/30/2000 6:07:00 PM
From: G3  Respond to of 108040
 
If only I'd held et. al.,

Good note. Some rambling here...

I'm following that advice and buying those strong
companies that I believe in. While I like to day
trade here and there - I'm basically here for the
long haul. Most of my money lies with companies such
as EMC, CSCO, LU, JDSU, AOL, QCOM, ERICY,
GWRX, SPYG, RFMD, ELON, etc. I will not let go
of these guys for a temporary market correction.

Did get a little carried away the last few weeks buying
companies whose (a) markets I don't fully understand and
(b) don't know much about... I'm still about 90% stocks
and 10% cash. I've learned my lesson - take more profits
when trading those non-position stocks. I'm off my year
high by at least 25%, but well above my lows.

There's a lot of skilled people here that bring a lot
of good ideas to this thread.

Doing well in the market is a continual process. We
won't be affected by a few bad days. As long as we
continually educate each other and stay abreast of
the new technology - we will be the winners. The tech
sector is IMHO the best arena for capital gains. There
is no substitute. Period.

There are huge advances and potential gains to be made
in companies doing data/voice integration, fully functional
set-top boxes, gps devices in everything, control networks
for home and business, knowledge bases, wearable computers,
etc... The big companies named above have gone on buying
sprees and purchased a lot of the smaller companies and
their intellectual properties. Hence, they will be the
force to reckon with. But there is always another SPYG or
ELON or GWRX lurking in the sidelines, if we can spot them
early on.

There's always another trade!
G3



To: If only I'd held who wrote (90927)3/30/2000 7:09:00 PM
From: baddtiming  Read Replies (3) | Respond to of 108040
 
Oh my god, I half way through your post and I am cryin' my eyes out! I'm going home and have a beer and kick the dog!...Just kidding, you're right on IF, seems like when we all excepted that Kim was pretty much not going to be around that we have had a pretty great group since......Even when you were yelling at me I always new you were an old softy, and I did double up on NATS today at
10 1/2 waiting for some volume...:)



To: If only I'd held who wrote (90927)3/30/2000 7:16:00 PM
From: WhatsUpWithThat  Respond to of 108040
 
Nice post, Greg, good sentiments. My cautious nature has too often made me miss the huge run-ups...but it's kept my losses to just (!) 20% from my all-time high a few weeks back (geeez, has it only been a few weeks? seems like years!)

You nailed it: now especially stick to family and things that really count, and in a few months you'll look back on this with equanimity if you handle it right now. Perspective is the key.

Cheers to all,
WUWT



To: If only I'd held who wrote (90927)3/30/2000 10:41:00 PM
From: GraniaO  Respond to of 108040
 
Greg, you are a gentleman and a top-notch trader. Your advice is well taken and thank you.



To: If only I'd held who wrote (90927)3/31/2000 12:40:00 AM
From: KevinMark  Read Replies (3) | Respond to of 108040
 
Greg, just got back from a late dinner. Reading through all the post now. Nicely done. We have a fantastic group here and what intrigues me is this...the comradery exuded on "the" thread tonight after a horrifying week for many. I haven't heard the thread this active since last November and December while we averaged 500 post per day. I'm holding my own, only because I'm 80% cash right now. Anyway...next week will a blockbuster week IMHO. We will remain in a trading range for the next 6-7 months and people need to understand this. For everyone out there who hasn't pulled a 2-3 year chart on the COMPX, you owe it to yourself(and wallet) to do so. It's amazing how similar the trading patterns from one year to the next are. Just like I indicated yesterday, we are back in the days of 3 down and 1 up. This will continue throughout until next fall.

The key here is to have a game plan and some general feeling on what you think the market will do on a daily to weekly basis. I must admit, the selling was a little premature from what I expected. However, when every analyst came out this week and unleashed the negative tone, that spelled disaster, including CNBC pumping the negative vive all across the world. Next week will be all positive (including CNBC) for most of the week, then we will definitely be in a trading range(2 days down, 1 day up, ect.)

It's times like these where we all have to stick together and our best foot forward. I would encourage everyone here to jot down your 10 favorite stocks and look for entry either tomorrow or no later than Monday. Next will be a banner week for the bulls but don't expect a continued rise after next week, because it will not happen. But we must take advantage of the opportunity that is presented here. Let the big boys ride for the majority of next week and then trade on dips, selling into the rise, for the next 6 months or so.

I think it would be wise for everyone to post there favorite 5 picks going into next week. This way, everyone will have some sort of road map on what to buy and what to ride next week, because if everyone is on the same 5-10 issues, we will all ride the train together. A concentrated effort. I should probably re-post this tomorrow am, and probably will do so. I'm still researching my top 10 for the best return relative to the market as we speak. Probably will go with 5 only and load the boat. Ride it for 3 days. Again, great post and see you a little later today.

KM