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


To: Frederick Langford who wrote (96825)4/14/2000 1:49:00 PM
From: SouthFloridaGuy  Respond to of 108040
 
I totally agree. The old economy run up is what I call "panic buying."

Panic buying is always met by panic selling.

All cash here.

I think Monday will be very sad.

:-(



To: Frederick Langford who wrote (96825)4/14/2000 1:50:00 PM
From: westpacific  Read Replies (2) | Respond to of 108040
 
Fred - shorting some of the DOW sounds like a very solid strategy. Any thoughts out there, maybe GE, it has really run up!



To: Frederick Langford who wrote (96825)4/14/2000 7:58:00 PM
From: Jack Hartmann  Read Replies (1) | Respond to of 108040
 
Fred, Interesting idea on the money exiting the old economy. Time to consolidate some old outlying cash into the brokerage account. Haven't had to add any in over a year. Just had to pay taxes on one of my kids brokerage account due to a great 1999. Thankfully, didn't have to sell to do it.
Jack