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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (57879)4/28/2002 10:31:27 AM
From: Zeev Hed  Respond to of 99280
 
They should follow Larry's model, get in only when Hal gives a buy signal and get out when it gives a sell signal. This thread is concerned with trading, not long term investments. From time to time we discuss "core" stocks as well, and on the average they have done fine, but even these should be used with disciplined stop losses. TYC used to be such a core stock, but when it was at $53, a very "strongly" worded sell signal was posted here. The same with the like of AW, T and AAPL, all of which used to be core positions and held for good stretches with pretty good profits until they got "kicked out". The current core stocks are, AGM, SFD, POOL (waiting for reentry under $29), AAPL (waiting for reentry in the 16/$18 area, or lower). COO, CAH (waiting for reentry in the under $65 area), IGT (waiting for reentry, target not yet set), SKX, WDFC, MAXF, MRK (waiting for reentry well under $50), BA (waiting for reentry in the low $30), TLM and PII.

Zeev



To: limtex who wrote (57879)4/28/2002 11:25:26 AM
From: Dale Baker  Read Replies (2) | Respond to of 99280
 
Limtex, the death of LTBH is a myth unless you really don't want to do any homework to find stocks that are going up. There are always stocks going up over a multi-month or multi-year period.

But in a bear market, they are not the tech stocks that most SI posters focus on, to the exclusion of everything else. You can go for Larry's channel calls in the most volatile stocks and indexes, or you can do some basic value investing.

Try this list on for size: quote.yahoo.com

I did not include any gold stocks, just a variety of financials and other plays that are making money. There are many more in gaming, retail and other sectors.

There are two basic ways to beat the market indexes - market timing, or not playing the stocks in the market indexes. This thread is mostly devoted to the former.

But LTBH in quality stocks can work regardless where the "market" goes. I know one guy who is a pure value investor, 100% invested all the time (no gold stocks) and he is up 20% this year. He sleeps really well at night too.