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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (5303)5/27/1998 1:01:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 29382
 
Hi Jim,

I think you're right about the market, but until liquidity stops pouring in, it is probably just a short term correction. I began moving my 401K stuff into short-med term bonds back in Jan. (missing the most recent 10% up move) I finished the job early last week.

Of course, I still own 4 or 5 stocks, all of which have gotten creamed in the last 2 weeks -- chinese water torture style. Reminds me more of last Oct/Nov than it does of anything else. I don't need the money anytime soon, so I guess I'm stuck holding and waiting for the next set of earnings releases.

Regards,
Chris