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

To: Devin123 who wrote (13208)	3/26/2001 12:51:00 AM
From: Dave Gore	Respond to of 37746

No matter what your view you can find an article to support it and they are just opinions, so I don't put much faith in any of them. The biggest reason to start investing is if you think the REWARD/RISK ratio is favorable. You also have to look at select stocks, not the Market as a whole. If you feel your downside (on a specific stock) is 10% and your upside is 50% over the next year, then you start getting your feet wet. Daytraders may not buy on this premise, but Fund Managers will. While some stocks that are still overpriced could still go down 30% or more, if you choose carefully and realize that many stocks have PE's under 25 and PEG's under .75 (even some in tech), you probably can't get hurt too much. Over the next few weeks, people will start to figure that out. I do agree with those who say we need some positive event to really take off, like any hint of a turnaround in the next 3-6 months. Then we'll get a short covering and a real buying rally by the Fund Mgrs. who have tons of cash, followed by a back and fill slow grind up, and eventual rise to NAZ 3,000 over the next year. Everyone is writing something a little different to be controversial or sell newspapers or magazines or build a reputation, in case they're right. Nobody REALLY knows diddly. If they did they would have been telling us to sell the Market short last spring or summer or fall or this February. What are they, 0 for 4?