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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (32450)10/10/2000 9:04:33 PM
From: Terry Whitman  Read Replies (2) | Respond to of 42787
 
Can't believe it took a whole 2 weeks before my warning played out. LOL

Don't take it too hard, It's all in fun. (Unless you bet the farm on it, but I know you're too smart to do that). I expect you to be prodding me on those lousy gold stocks I bought a few months back. <g>

Actually bought GP on Rosh Hashanah, but I didn't hold thru Yom Kippur, thankfully, and cashed in a nice ticket for a couple of wild days of holding. Keeping an eye on the papers, but they look perilously close to falling thru support here- as do a lot of other sectors. Cash, oil and gold stocks are all I'm holding now, as has been the case for most of the past year or so. (not to gloat, but 2 out of 3 aint bad <g>)

I hear some rumblings about steel possibly gaining some pricing power. Might want to keep an eye on them. They're historically very cheap right now. And I won't mention how cheap the yellow dog stocks are right now, for fear of driving them even lower.

MO and MRK have held up fine so far. If things turn ugly on the big board, though- there may not be any safe places to hide. Always use stops.

Regards,
TW