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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (2610)8/14/2000 9:54:11 AM
From: Chip McVickar  Respond to of 33421
 
Good Luck Tim,

John is right about prices of oil and gas staying high for sometime to come.... IMHO...due to manipulation. But I believe he may be a little early at this time in picking a bottom.

But, I find it very hard to pick the exact bottoms and tops of stocks. If I like a companies story....just buy it!

I like buying companies that dominate a markets sector that is coming into favor with long-term prospects and hold on for years. Held GE of 15 years.

Now....! The Indexes are another story..., they are much easier to time and trade profitably in short periods.

Chip