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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Rashid Garuba who wrote (19490)12/10/2000 8:21:23 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
ok Rashid, here is my present IRA strategy...
I have 70% in cash and 30% in a stock mutual fund...I opened the fund when the NASDAQ hit my 2600 target for the year 2000....My brother-in-law followed me on this one..Hope no bad blood ensues when I lose his shirt...

Now what I plan to do is sell the 30% of the mutual fund when NASDAQ hits my 3400 target for 2001...Then go back to 100% cash, and look to reinvest when my 2200 target is hit later in 2001....Haven't decided yet what percentage I will put in at that time....

Meanwhile, my long-term gold position should be returning 100% sometime in 2001....In addition, I may short something bigger than a gizzard...Remember my BRCM short,(that was a big gizzard)..If any of you can find another beautiful head and shoulder top like that one, I may jump short again...BRCM was by far my best short call for 2000.....
Still mad about not getting my cigars from ingenious.....

Take care and ready for combat again...Going to put bridge aside for a while...

Regards, Mark