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

To: GREENLAW4-7 who wrote (45964)	1/21/2001 12:30:10 PM
From: dieselfuel	Read Replies (1) \| Respond to of 57584

If you buy quality stocks for the long term, you'll do fine in the long run. That's what Warren Buffet does. So what if McDonald's sale drop a little this quarter. That does not affect the amount of burgers thay sell in the nxt 10-20 years. Anal-yst will downgrade the stock. The stock will get hammered, and you know what? Warren will buy a whole lot more of McDonald's stock. Why? Because it's a consistant performer that has good returns over many years. Not the hot momo stock today or tomorrow, but over many years. Is Microsoft not a great company? If you believe they are, than you should buy Microsoft everytime it takes a beating and plan on holding the stock for a long time. That how most finacially well offer people have accummulted wealth in the stock market. Not daytrading, shorting, or using margin (which started all this mess we had in 2000), but by purchasing quality stocks and holding them long term. Also, in my opinion, if someone uses margin, sooner or later, it will put the nail in their coffin. They start out on margin making a few dollars. They're all happy so they margin somemore and again and so on. Then one day the markets take a dive and they don't get out because tomorrow the markets will rise. Then the next day the markets take a beating and still some people won't believe it and before you know it, you've lost your ASS! Yes, it's true. I've witnessed it so many times in 2000 and it happened to educated people who knew how to trade and made a lot of money in previous years. It wouldn't have happened if they weren't on margin. But next thing you know, you get that margin call and bye-bye portfolio. Bye-bye money. Bye-bye god forbid, home and/or spouse. So in my opinon, buy what you think is quality and plan on holding it a long time. Even is you end up selling it in the short term. All my opinion. And know,I don't own McDonalds or Microsoft stocks, I just picked them as examples. EDIT: Lot of miss spelled words. I'm just too tired to correct them. Please forgive me.

To: GREENLAW4-7 who wrote (45964)	1/21/2001 1:20:07 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Don't forget we have a tax-cut coming up. This combined with lower interest rates will increase the money supply quite a bit, and with almost zero inflation - look for companies and people to start buying more gadgets and services again. Greenlaw no one expects this market to go up very much. This is IMHO just a correctional bounce off the panic-mode sell-off in December which climaxed Jan 3. IMO the Jan 3 sell-off was the real manipulation, when stocks were taken down way below book value and cash on hand. As for pumping and dumping, that should be muted. Yes if MSFT gets back to $65 probably a good idea to take profits and buy back at $55 maybe but I don't think we're going too fdar down or up. Meanwhile there is some nice upside left, at last in my stocks (knock on wood)

To: GREENLAW4-7 who wrote (45964)	1/21/2001 3:35:50 PM
From: Smart_Money	Read Replies (2) \| Respond to of 57584

Greewlaw4-7, did you post the 2 articles regarding the bull and bear view. One article talked about following the u.s. dollar and said we are going down Spring 2002. He also mention that math and ( I can't remember ?) was a fact and everything else was a belief. The Other article was a question and answer format from a Bull with a very good past record of timing the market who said the Nasq to 10,000. If you did post them could you provide the SI link because I would like to send them to a friend. Thanks in advance.