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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (8879)2/2/2001 10:58:49 PM
From: Sharck  Read Replies (1) | Respond to of 37746
 
Doin ok. Getting itchy for new challenges, and a social life to boot LOL... No question following this tech roller coaster ride is not for the faint of heart. I do understand your plight. Assure you that you are not alone. Not going to lecture here, but FWIW I still don't see you guys over on TJs thread doing shorts. Assume then you are determined to stick with long calls and therefore have to pick and choose carefully which sector rotation to be in. Out of fiber optics, into semis, then into alternative sources (California energy crises a few weeks back), then into the retails, out retail into money mkts etc. Nothing wrong with going short though. If you ignore that, then you really are missing out half the market potential. It is also a bit easier as it is in a sense after the facts, as opposed to buying something in the hopes that something significant happens and rewards you with a capital gain. The possibility of the US economy going into recession makes for some high flyers (based upon P/Es) easy pickings. Feel free to drop by here anytime and maybe some of us can lend a hand in regards to what tends to work for us. Velo always has some good ideas too. Good luck, got a dog to walk.
Lata