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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ1065 who wrote (41512)6/5/2003 7:45:51 AM
From: Techplayer  Read Replies (1) | Respond to of 57110
 
Thanks for that commentary. I was thinking last night about how to approach the day to day upwards grind of the markets. Unless I can turn off the FA switch in my head, I just can't commit long and hold right now. Every dip to me will feel like it is time for the markets to return to reality. I will probably end up massively underperforming the markets with the quick hit approach.

The trouble with news right now is that unless it is negative (like MXIM) it is bullish (like NVLS). INTC can say nothing about their quarter tonight and the markets will roar tomorrow. I do not plan to have a semi in tow going into the end of the day today.

Separately, I was looking at my 401k last night as well. I had put it all in a bond funds nearly 2 years ago. I thought that I must be taking a beating there relative to the markets (and I am) over the past 3 months. Still, the bond fund is on track to do better than 12% this year.

ww3.janus.com

I almost pulled the trigger on a move to small cap and mid cap value and growth funds that are up 12-20% ytd but did not. The moves in some of these funds from mid March is nearly 30%. If we do get a dip like the one that we got monday, I will probably move the money in there to stock positions and get a feel for how it feels to trade on momentum. :-)