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


To: Rande Is who wrote (43726)12/18/2000 4:21:19 PM
From: rocklobster  Read Replies (1) | Respond to of 57584
 
Just found this on the joke thread...thought the thread might get a laugh out of it after the tense month's election madness.

In 1555, Nostradamus wrote:
'Come the millennium, month 12,
In the home of greatest power,
The village idiot will come forth
To be acclaimed the leader'

rok.....toooo funny...



To: Rande Is who wrote (43726)12/18/2000 8:04:34 PM
From: Paullie  Read Replies (2) | Respond to of 57584
 
Good evening Rande and all,

Since October 29, I have not traded. As I stated before, I entered numerous Fidelity sector mutual funds. At that time the Nasdaq was 3272.18 - (Friday, 26 October) and has decreased approximately 18% to 2653.27. Interestingly, my portfolio has decreased 14% (3% due to commission on the Fidelity funds).

I intend on maintaining a generally hands off portfolio but not a pure long term buy and hold. I also intend on using mutual funds to help spread my investments more than I can with purchasing individual stocks.

For now, I am reorganizing my portfolio to sell for tax purposes and have begun to do some DD on a few stocks as I have some free time during the holidays.

Currently, I am looking at AMD, AMCC, AMAT, JDSU, NTAP, BBY, and CC as a starter portfolio in addition to a Nasdaq tracking fund, an aggressive growth fund, and a couple of Fidelity sector funds.

Rande or anyone, my specific question concerns BBY and CC. After the recent news on BBY, do you still favor these two companies? And as always, I appreciate everyone's comments on all my potential investments!

I hope everyone has a relaxing and family/friend oriented holiday season. When the money is gone and our jobs are over - and for most of us, it will be gone some day:) - our family and friends will be all we have left! (We all, myself included, really need to heed this advice!)

Paullie