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


To: HG who wrote (23418)4/5/2000 12:39:00 PM
From: Rande Is  Read Replies (5) | Respond to of 57584
 
Glad to see you hanging in there

Definitely hanging in there. . .when you think about it, this market played right into our hands. . . we sold off tech stocks over two weeks ago. . . loaded up with value plays and Dow stocks. . . then BAM! the Nasdaq gets slaughtered. . .I bought more techs on the bounce yesterday. . . only those with big names of course. . .as we have discussed that only the best stocks will make the biggest rebounds. . .and some will not rebound at all. . . so now we are holding both value plays and large cap tech stocks as we wait on the market to choose a direction.

I hope that those that ignored the warnings and held tech stocks right on through are doing OK. I feel for you and am here to discuss options. . . all my techs that I bought over the past few days have rebounded nicely. . . but I can understand those holding issues that are not bouncing. . .getting nervous.

Feel free to pose questions along these lines. . . there are many here that are happy to offer their experience at tackling the tough issues.

The only way that yesterday really hurt me, was that it wore me out as a trader. . .if I was sailing, I'd be in port today, awaiting a day that was more predictable. . . sure beats sloshing around out there in heavy weather. . .risking it all. . . what's the sense? . . . we don't need to sail every day. . . better to pick the days we WANT to sail.

Best wishes all,

Rande Is