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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Prophet who wrote (3768)3/12/2002 8:18:41 PM
From: Dave Gore  Respond to of 16631
 
I think the odds are good right now (and things can change by morning, of course with unexpected good or bad news) that we will be testing 1850 on the NAZ tomorrow.

Actually I am licking my chops a bit. It feels so good to be flat when there is no clear upside momentum. We have said it a hundred times that when stocks run up, their Reward to Risk becomes worse, not better.

Prophet, I wouldn't worry too much about your BEAS. It is one of the better stocks to own in techland. You won't get hurt too bad. It's the people that carry their entire portfolio's overnight that need to be a bit worried.

PS-- I still have a few longs myself like COST, KG, CD, and a couple others in my long term account.