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

To: Rande Is who wrote (23726)	4/12/2000 9:24:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

RE: REITs. . . let's look at it a different way for a second. . . .for the sake of argument. Had we bought REITs at the beginning of the year and held until now. . . we would have already received one dividend payout and would be eligible for the 2nd. . .thats half a year or roughly 4.5% to 11% dividend. . . plus this sector has moved up a similar amount since January. Now, buy and hold investing in the Nasdaq tech stocks from January 1. . . you would have broken even. So already they have outperformed the popular techs. Cyclicals declined during the first 3 months of the year and rose during the 4th [generally]. . .so there wasn't much money to be made there either. Gold and oil didn't make anyone money in 2000. Probably one of the better plays in 2000 has been by daytrading or scalping 1/8ths, quarters and points. . . provided enormous discipline was applied to the trading. . .as well as money management. We did the Market Timing thing. . . playing tech stocks until it looked like they would no longer pay off. Then we moved into value plays and cyclicals before the rest of the market. That probably worked best of all during this period. Look around the net. There is a lot of pain out there. Desperate people insisting that their tech stocks are undervalued here. . . .and they are compared to the highs. . . but not when compared to the lows. Once more, this is a very hard market to make money in. . . .requiring exceptional skills, timing, discipline and foresight. Your strategy needs to be slamming. Your brokerage needs to be online. Your quotes need to be working. Your timing needs to be exceptional. Your technical analysis needs to be accurate. If all of these things are right. . . you could still make money on some swing trades and daytrades. . . but if any of the above are unreliable, you will be fish food. Rande Is

To: Rande Is who wrote (23726)	4/12/2000 9:45:00 AM
From: Jane4IceCream	Read Replies (2) \| Respond to of 57584

Hi Rande.... I have recently purchased some of the oil service and drillers for a hedge. Like FLC in a big way. Have you given any thoughts to this sector? News looks good for long uptrend here though as traders to hold a stock in this sector may seem like a long time. There is a thread here on SI called "Strictly Drilling and Oil..." and there are some very knowledgeable posters there. Just my thoughts. Dont know much about REIT's. I also purchased a basket of F (Ford Motor Co). Trying hard to preserve my profits!! Jane