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To: Larry S. who wrote (24955)10/10/2000 10:18:31 PM
From: Susan Saline  Respond to of 53068
 
Safe havens:
mentioned DTE many times
it is my utility with excellent dividends
and reinvestment plan
but I don't follow it daily ... only once or twice a month
just send a check every year or so when it's cheap
last time i send a check was in the early winter ...

but it's BORING ... not a trader, just a sit on it and grow stock

all 3 mutual funds are doing crap this year, but over the last 7 years all have 50% and more gains from reinvestment divs ... the best the global fund has 74% gains ... even today at these low prices
These all still get monthly deposits .... so when they are cheap ... I get more shares for my money ... income averaging.
BUT I PAY for this ... professional managers
In the early spring scott gave me a stop loss number in which to close the Pacifac\oportunities fund at 14 ... it is now at 10. It hit that 14 price, I put the money in treasury, pays 5 % or sumthing since April 15

that is the major part of all investments .... and should be for most all people ... that take the type of risks that we do
IMO

we're just stubborn gamblers ... not total dummy's :o)



To: Larry S. who wrote (24955)10/10/2000 10:23:19 PM
From: DanZ  Read Replies (1) | Respond to of 53068
 
I like health care and financial services. Will pass on energy stocks because I think the price of oil is up more on speculation than for fundamental reasons. I don't care for utilities in a trading account.

I would add selected retailers to the list of stocks to move money into because I think that some retailers will have a good Christmas. TOY looks good near 15. Low PE, rounding bottom on the chart, probably a good Christmas stock.

In the specialty retailers, IBI is my favorite for a Christmas trade... just took profits the other day, but would buy it back in the 19 to 20 area if it gets there. GPS looks good near 20 and *should* do well during Christmas.

If I had to pick an electronics retailer based solely on the chart, I'd select CC over BBY, but I don't really care for either of them.

Many department store stocks have performed miserably over the past two years (AMES, DDS, JCP, MAY, and SKS). My favorite based on the chart is MAY followed by DDS. The chart on S looks good as well, but I don't think it has enough volatility to make it a good trade.

The bottom line is that the stock market has more to offer than just technology stocks. This is about the only thing that Larry and I ever agree on...except for things that most men like to do. <g>