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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (3497)12/1/1998 7:47:00 PM
From: steve susko  Respond to of 43080
 
sound like you feel today could be a correction trap.



To: LastShadow who wrote (3497)12/1/1998 7:56:00 PM
From: Nandu  Respond to of 43080
 
Last, Thanks for your views on the market.

Will there be a position account for December?

I switched half my 401(k) to cash today, as I said
I will, even though markets were slightly up by
the time I switched. I will probably switch my
IRA tomorrow.



To: LastShadow who wrote (3497)12/1/1998 7:57:00 PM
From: shane hartman  Read Replies (1) | Respond to of 43080
 
>I suspect tomorrow may rise some from the ashes, and if it does I
>will move my mutuals to safer havens for a bit.

Gee, I felt bad sitting on cash today, but with remarks like these maybe not. I can move my mutuals again to (limits on moving in my 401K). They are up decently from october when I switched from cash and I was thinking of waiting for january. I guess you think this is not a good idea?

Question, if the market rises tomorrow, why would that make you move? Do you think it would be a top?



To: LastShadow who wrote (3497)12/2/1998 12:20:00 PM
From: steve susko  Read Replies (1) | Respond to of 43080
 
how to you see from here .... pretty orderly downturn today

are you switching funds to cash??