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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (6852)1/15/1998 1:04:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 13594
 
Hi Barry; OFF Topic, But ALL in all I'm moving more to just market
timing, and playing baskets , my market timing has greatly
improved and the safty of baskets gives me a much better
risk/reward ratio. By baskets I mean, CEs, WEBs, NO LOAD FUNDS,
SPY , and soon the AMEX will have a DJI deposit rcpt..
No loads are the cheapest to go in and out, in fact I can
get in and out of many of them with no commissions and
zero charge , disavatage is I have to accept closing price
of the day, and make my call before 2pm.
This market and sector timing beats heck out of playing the indivdual
stocks. Like today the broad market is down..but TECH is moving
up..RSIFX is a buy. No loads don't like short term traders or
market timers..but I buy via the broker and my order goes in a
basket with others, my shares stay with him, so it's no hassel
for me. Thing is I already know RSIFX will close up today,
it's like catching a train that's already started out of the
station and hoping it will have enoung steam to repeat the
act.
WEBs are neat, I can trade them on the cheap $12 in / $12 out
up to 5000 shares. and can get an idea before the open how to
mess with them.
quote.yahoo.com
This market/ sector timing is causing me to lose interest in trying to call individual stocks.
Jim