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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: oaktownaj who wrote (38446)10/15/2000 7:32:16 PM
From: DlphcOracl  Read Replies (1) | Respond to of 57584
 
ajwodecki: I can tell you from my experience over the past two years (FWIW) that I will sell all ny tech stocks before the second week in March and will not look to repurchase tech stocks until mid-October. What I do from mid-March to mid-October will depend on my take regarding: inflation, the general investment climate, Fed reserve policy, etc. If I have any doubts, I will sit on T-bills and enjoy the summer.

One final thought: I believe I have read that the year AFTER
a presidential election is usually not a good one for the stock market.



To: oaktownaj who wrote (38446)10/16/2000 8:18:30 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
I agree with you completely on trading 6 months. . . I had originally planned to do that, but family illness made it impossible for me to keep with my schedule. . . next thing I knew I was cancelling summer plans, so I could work double time on project. I was able to profit nicely on REITS held through the summer declines, however. They outperformed all other areas. >g< I should have saved the hate mail from when I called a shift out of all techs and into REITs early March. More traders were upset with me then than at any other time. I was thought by many to have "lossed it". REITs ended the summer up 28%, not including dividends. Techs lost 50 to 90% over the summer.

Rande Is



To: oaktownaj who wrote (38446)10/16/2000 8:24:11 AM
From: sam  Respond to of 57584
 
"As a part-time investor, it seems that trading for six months a year would be efficient and rewarding."

Seems like an easy call, right? Sell April...buy October. Just remember that as soon as you find the key to Wall Street - they change the locks. ;)