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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (7500)5/23/2002 8:33:56 AM
From: DanZ  Read Replies (1) | Respond to of 11568
 
I share Larry's opinion on GLW being a good stock to own for the next couple of years. I would caveat that with trading around a core position to lower one's cost because I don't think that the market, or GLW will sustain a meaningful rally in the short term. I do believe that GLW will outperform the market from current levels. My plan is to buy a little each 20 cents or so down if that's where it goes and take a little profit on rallies, but always hold some in case the rally has staying power. I won't make as much as someone that buys on the way down and holds all they have, but I believe that it lowers my risk and is prudent in this market environment.