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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: High-Tech East who wrote (39918)12/31/2000 10:23:42 AM
From: cfimx  Respond to of 64865
 
>>... I do think we are looking at a 20% correction in 'old economy' stocks in January ... I would say that has about a 75% probability

(1) ... so my strategy is to hold my ABMD until just before clinical trials start, which I believe (hope) will be in March or April ... I will then sell half of it and hold the rest long term

(2) ... hold my 1,000 shares of SUNW long term

(3) ... sell my three S&P 500 March 'puts' before the end of January ... actually, I may sell the one with the largest profit in it early this week

(4) ... continue studying the trading of futures, and get more active in that ... so I can be both long and short different commodities at the same time

(5) ... build more and more cash - putting much of it into treasuries

(6) ... start considering more tech stock purchases in April depending on how things look then

(7) ... I have no plans to buy any more stocks for now

course if this attempt to be more "like" sylvia brown prooves about as reliable as her guesswork—after all, i'm the sharpie who brought you the s & p 500 crash, buy suncom at $55 trade to celebrate—...well nevermind!!