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To: jim_p who wrote (30211)2/24/2004 11:06:36 AM
From: ItsAllCyclical  Respond to of 206093
 
>> The best way to make money is to buy a stock you would like to own for the long term when others are selling and sell when others are buying. <<

Agree, but at the right price. Volume alone and ST oversold are still not enough to get me interested. Given the ST technical damage and the outlook for 2004 looks like we're going to have a new round of shorts/hedge funds leaning on RRI until it hits more obvious support. Broad market while a little oversold ST is still very vulnerable to an '87 type crash here. I continue to like cash unless there's a screaming bargin. RRI is whistling, but not screaming yet.