To: Jenna who wrote (93524 ) 4/15/2000 2:50:00 PM From: Jenna Read Replies (3) | Respond to of 120523
Investor's Business Daily scurries to keep up with the ever-changing market trend and shows opinion changes almost daily in the section called : Investor's CornerFriday April 7, 2000 "How to Answer Margin Calls, Sell Sell SellMonday April 10, 2000 "Don't Get Run Over Chasing Extended Stocks"Tuesday April 11, 2000: Patience Pays Off During Market Correction".. ...Beaten down leaders are making a comeback [Editors comment: really?] Wednesday April 12, 2000 "Bad market Shows Beauty of Cutting Losses".. ...If you want to protect yourself from big market sell-off keep your losses small Editors Comment: What about the buying of the beaten down leaders you mentioned just yesterday and 'patience'? Thursday, April 13, 2000 "Beware Of Recommendations in Bad Market".. There's never a good time to listen to Wall Street pundits. But you really can get into touble when the market is rolling over... editors note: This is a good article ...Chasing Wall Street recommendations can lead to medioce performance in a bull market, it can be downright dangerous in a bear. .. Goldman Sachs analyst Abbey Joseph Cohen lowered her recommended equity allocation to 65% from 70% on March 29. But following that model still would have left you exposed to the Nasdaq's subsequent 22% fall. Nothing special for Friday, but here Monday April 17th article is cool: "Watch Leading Stocks when Market Teeters".. The point is what about 'patience in a down market?".. Bear markets are a good time to look for the groups that will pace the next bull market. Well even a simpleton knows that .... Now they say the 'climax runs could not have lasted forever' to quote IBD. But what if you were still 'waiting patiently'? IBD is a great paper and definitely means well without all the 'subjective commentary' of its peers, most notably "Barrons", but they still are a little late on the uptake.