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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (58311)5/30/2003 6:57:27 PM
From: RR  Read Replies (2) | Respond to of 65232
 
Uncle Frank, with you being a multi-millionaire, I'd say you did just fine writing cc's the past couple of years.

Buying dips? Depends on the time frame. I'm a believer in dollar cost averaging the turtles, those big caps. Aside from that, I'd put the ole chart on monthly or weekly and wait for the blue line to cross the red, then buy.

You know what I mean.

Here at this time, I think the bull is back. Lots of monthlys turned up. Some pullback is to be expected. Run good for several weeks. Consequently, again depending on time frame (swing trader vs longer term), yes, I'd buy the dips, but only on the turtles.

Get on the Porch more often, Uncle Frank. We could use your knowledge.

Hope you have a great weekend.

RR