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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (164439)	3/16/2001 2:46:14 PM
From: John Koligman	Read Replies (1) \| Respond to of 176387

The fact that I got burned a few times when I first started out probably helped some <ggg>. Also, as I mentioned to you before, the fact that I started in 1973-74 was an added benefit when it comes to realizing the power of the market on the downside. I try to be very flexible in my approach to the market. That means over the past two years as the bubble inflated I swing traded, very short term, and also sat out for periods of time as the market (NAZ) tanked. As I have said many times on this thread, I also stayed away from playing with matches. I consider matches the entire INUT universe of issues, and hyperpe stocks like the Broadcoms of the world. I traded highly liquid large techs for the most part, and tried to stay with the ones that got beaten up. I don't do options, short rarely. That's really it. I treat this as a business where consistent gains and capital preservation are key. That gets me to times like today where I'm in cash and waiting for the next opportunity. As I said, I'm flexible, so if techs get REALLY dirt cheap, I might change my MO once again, load up, and hold for awhile. Look at where we are compared to where we have been. LU at 10? Motorola at 13+? As for those that are waiting for stocks like Broadcom to go back to 274, I hope they are very young <ggg>. Best regards, John