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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (19390)	5/19/2000 1:10:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 35685

I'm taking a slightly different strategy these days. Besides being 90-95% in cash, I keep my trading account for special stocks that may be good turnaround plays, good position trades (e.g., China WTO deal), and/or fundamentally good beaten down companies that are very cheap. That exludes, for the time being, the market leaders. Once the Fed is done, and the market turns around (which may not be until late this year), I don't think the R/R ratio is worth it.