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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gary R. Owens who wrote (15499)4/4/1998 11:09:00 AM
From: studdog  Read Replies (1) | Respond to of 94695
 
My last post was only partly in jest. In my tax deferred account on Monday I am going to sell all of my individual stocks and go 50% SPY and 50% cash. ( except for a couple of my irrational longshots, FONX, and CBMI) From there I will play the momentum either way.
My mistake this year was learning too much about fundamentals. I actually had a basis for my stock purchases, looking at such ridiculous things as PSR, Book value, PE, etc. I did much better in the 4 years prior when I just bought what was going up.

Knowledge is a dangerous thing.

Karl