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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: in_cog_nito who wrote (24177)3/12/2001 8:08:45 PM
From: Sergio H  Read Replies (3) | Respond to of 29382
 
Good evening Scott. Market closed with a thud today. Glad that Abby advised everyone to increase stock exposure. Yikes, and she gets paid?

I am sure that you are depressed tonight. I read that TWA merger has been approved. I know that this has been one of your favorite stocks. My condolences.

I sold everything in my portfolio that is high tech related and bought a small stake in Fidely Korea fund. When the techs are ready to recover, Korea's market (as well as most of Asia's) will soar. Right now, the techs have to tread water until valuations (earnings)catch up to stock prices or continue dropping until they're fairly valued. I don't think that the Korean economy will improve for another 6-12 months at best, so its not the best time to buy in just yet, but I want to have at least a small stake in high tech.

I also some of my retirement fund into value funds. I won't be trading as frantically until the market conditions improve and value plays are coming around of late.

A few of my stocks were actually up today. AH, DRS, NUTX. Take a look at NUTX's chart. Do it now!!! Seriously.

I bought NEM this morning, sold it with a small profit and then bought GOLD. I think that we'll get a good indication this week if the gold rush is on. Mark on the Tatrader thread has been doing some good work on gold stocks.

Only up sector today was gold, so you know that the market's reaction was overdone and there's a dead cat bounce coming up. You guys let me know when to pull the trigger.
207.61.23.99

Ok, time to figure out the NCAA brackets. Stanford is looking good for the final four. Ill, Mich State and Duke also. They seem to be the elite this year.

finalfour.net

Good night Scott and Amigos.

Sergio