SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: RocketMan who wrote (7361)5/4/2000 5:18:00 PM
From: PAL  Respond to of 8096
 
RocketMan:

Although I do not have any strategy for current situation, it does not mean that I don't keep my eyes open. The age of glitter and bigger fool theory are in the past. I will avoid stocks like Amazon.com and the like.

People are more afraid of losing their money now, more so than before. While 1999 people are afraid of missing the train and just jump in the bandwagon, the prudent thing for 2000 is asset preservation. Maybe we miss the first leg, but it is better than losing the wealth.

Right now I prefer companies with real solid fundamentals, like CSCO, EMC and the like. Will be ready when the market turns around. There will be time when the rate increases stop. I prefer those that I can take home and show to Mama instead of the ones with glitters and full of makeup like JNPR of NTAP (just compare the fundamentals).

Good Luck investing.

Paul