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

To: GREENLAW4-7 who wrote (44449)	1/1/2001 12:41:21 PM
From: Rande Is	Respond to of 57584

Great post, Greenlaw. Thanks for sharing your views. It is always good to hear the minority bullish sentiment, especially with the media trying to sell us on gloom and doom. Well, you can't blame them. Gloom and doom sells. Steady earnings and recovery are boring subjects. I totally agree with your statement, I believe 2001 will be a good recovery year but one that will leave many, many investors in the dust. I doubt the recovery will be steep. . . [remember my 18 degree line?] . . . but I have little doubt that it will be stealth! Fear will dominate 2001, in the face of a recovering market. I think it best for everyone to decide whether or not you fear the market, or a sector or a stock on a day when you are not being told what to think or feel about the markets or about earnings. Then act according to your own intuition, coupled with your due diligence. What you don't want to do, is allow yourself to be influenced in a way that is inconsistent with your own views, opinions and due diligence. That would be tragic. It is obvious who attempts to sell us their ideas on TV interviews. . . .who tries to sell us through newspaper articles and who comes to this board to sell us. Don't be sold. Do your own DD. Make up your own mind. Trade according to what you believe, never based on what anyone tells you. And never make trading decisions out of fear or greed. Rather make your investment decisions out of sound judgment, exhaustive due diligence, wise counsel and the regular application of discipline and money management. The above would make a great resolution for the next thousand years. Rande Is PS> I fell asleep in one millenium, and woke up in another. . . bet there aren't many here that could say that!! >VBG<

To: GREENLAW4-7 who wrote (44449)	1/1/2001 12:53:48 PM
From: American Spirit	Read Replies (2) \| Respond to of 57584

I agree, Happy Recovery New Year for the Techs. I think everyone was just waiting for the new year and there was indeed mass tax-selling esp. on the stocks already hardest hit. Be fully invested in techs this month or two and I believe you'll see some nice profits. Later on in the year the computer sector ought to gtet going again as inventories are burned off and new products come out. We'll be okay from here on.

To: GREENLAW4-7 who wrote (44449)	1/1/2001 5:25:30 PM
From: DlphcOracl	Respond to of 57584

greenlaw4-7: A very wise post! The next two weeks may well see more downward pressure on the NASDAQ high-flyers, but we are so close to the bottom that selling now would be foolish. When it bounces back, you do not have time to get back in. My guess is that 2300 was the bottom -- I would be surprised if it dropped to 2100 with the specter of Fed rate cuts for the first half of next year. Then again, I repeatedly underestimated what the bottom would be for NASDAQ last year. At any rate, I am holding onto the NASDAQ stocks I have (the ones I think are still worth owning), but will not buy more until second half of 2001.