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Gold/Mining/Energy : Moderated Daytrading Canadian Stocks In Realtime -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (57)4/3/2001 9:52:51 PM
From: Shaw  Respond to of 235
 
I'm with ya Chief but I have yet to put the $$$ where my thoughts are.

One day closer for me. No CSCO, MSFT or IBM warning.

If this bounces, boy it'll bounce hard, imho.

Best Luck.



To: the Chief who wrote (57)4/3/2001 10:51:04 PM
From: Canuck Dave  Read Replies (2) | Respond to of 235
 
Another guy I read today was predicting the capitulation on April 16, LOL.

You can make a compelling case for a strong bounce or a total collapse. Bull markets last 4-5 times as long as bears. Why try to pick the bottom?

CD

p.s. Here's a link to doom n' gloom. home.flash.net



To: the Chief who wrote (57)4/4/2001 11:02:21 AM
From: Ally  Respond to of 235
 
>I added more ORCL, WCOM CISCO and even dabbled in some RIMM. I am playing this as a big bounce on, before or shortly after 15 April.<

Agree with the accumulation strategy.

Here's my take on the situation now. For anyone with a large porfolio and mostly in cash, I think this is the best time to accumulate stocks based on FA analysis. It's also a time to max foreign content with some great U.S. stocks, and avoid adverse mutual fund MERS. Here's my "gorilla" picks on U.S. stocks (still best managed in the world) which would stand well for diversification and future growth:

TXN - de facto wireless play
WMT - consumer
GE - industrial gorilla
C - global bank
PFE - drugs/proteomics evolution

Trading is only for play (only with play money) as study after study shows that majority of individual traders (70% to 90%) lose money overall.

Best time now is to build a portfolio for tomorrow.... portfolio approach is the only correct way to build wealth. I know, you know this Chief, as seen in your posts.