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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (32290)3/2/2001 11:19:36 AM
From: im a survivor  Respond to of 65232
 
I agree scott...but we dont live in a perfect world...see my previous post......

best,

keith



To: stockman_scott who wrote (32290)3/2/2001 11:31:08 AM
From: edamo  Respond to of 65232
 
scott..."post whatever he wants"

so true, as this is an open exchange of ideas....but certain individuals postings are followed by others, who of course are ultimately responsible for their own actions...

"angels" "faith" had little work to do in a bull run that made all look like genius material....but even invoking the thought of dastardly "houses" was not able to keep the run intact....

this is a difficult market, and it is prudent to lower risk and look at fundamentals for stock selection and technicals for a safer entry point.....so called "easy money" in certain strategies erodes very quickly if the underlying maintains downward momentum....

look for basing, forget about "ten baggers", quick returns or whatever...preservation of capital and lowering risk is foremost.......the beginning of the end unfolded with the year end 2000 lows set by specific issues...i reinforce "specific".....and it has been a volatile and choppy attempt at basing....broad markets and indices still sickly.....

avoid that which is still falling and yet to set higher highs and lows....the knife must bounce more then once, before the blade dulls....

good luck

ed a.