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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: lee kramer who wrote (93225)4/13/2000 5:09:00 PM
From: Doug Robinson  Read Replies (3) | Respond to of 120523
 
Lee, the vast majority of buy siders should be holding on to their cash and reading IBD. They have been right on the money so far. I recommend their no BS approach.

Those that are really active in the market during times like this don't have the time to do anything but follow the market very closely. There are very few that can be long, short, in and out of stocks throughout the day. Those that do, don't have the time to do anything else since they are watching the market like a hawk. Walk away or take a moment to review or post on these boards and before you know it, you've missed an opportunity or you've gotten wacked by not paying attention.

For most, they should be sitting on their cash and patiently waiting to take advantage of the great prices that many securities will be offering once the sell off is over.

BTW, Tom Costello just indicated that if the Nasdaq goes through 3600 it might go to 3500. More "pearls of wisdom" from CNBC.



To: lee kramer who wrote (93225)4/13/2000 10:31:00 PM
From: gaj  Read Replies (1) | Respond to of 120523
 
i have no position, but CAKE has a real nice chart. pullbacks on lower volume than the runups...consolidating near the high.

now, i have a real problem investing in a cheesecake company...but it's the type of stock that can attract shorts, and covering, and...well,you know the rest.

i really want to go long, but it just seems that every mini-rally is met by selling. so i short, cover, and repeat the process. seems to work...