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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: red_dog who wrote (96588)	5/8/2000 8:35:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Robert.. I love charts and use chart patterns exclusively. It is in charts that lie my business, my hobby and my personal profits. What I meant was that the triple digit gains we got last year from mutual funds might not be repeated again in the next fiscal year. Probably the words past performance might not applied to the future performance was a better description. Place the emphasis on performance. You have me totally out of context, but that's okay if you now understand my meaning. I don't have 90% invested in stocks or anywhere near that. If I did I would be quaking in my boots at this juncture. I got out in time AND THAT IS WHAT I LEARNED from past blind adhesion to 'all things go up and never down' theories. Sure I made money in the last 4 years, I made money in the last 10 years also, but I cashed in my chips totally 4 times in the last 3 years and I am thrilled I did so. I saved accrued profits from a) the financial sector b) the oil service sector c) the internet sector d) the technology sector. All by getting out in time and not waiting for 'things to get back to normal'... My posts on SI urged selling in the oil service, internet sector and then the technology sector BEFORE they all collapsed. I'm not sorry and I hope some people heeded the warning. If you see something wrong in cashing in a rather hefty porfolio for profits accrued, other than capital gains tax, then I'll be interested to know what that is. I am barely into my fourth decade and if I don't ever work a day in my life I'm still set for life unless I decide to live a 'jet set' life whereupon I'll have to trade more and make even more money. I don't like to dwell on that fact and I don't repeat it ad nauseum like some people. But facts are facts and having done well in both good and bad markets, I like to try to help others whenever possible. If I was freed up enough I'm as certain about my strategies that I'd lecture across the country on the pitfalls of holding 'through thick and thin' but I'd rather use the time in making money trading and investing when the stocks don't keep triggering trailing stops.