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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Spark who wrote (6258)5/5/1999 10:34:00 AM
From: Rande Is  Respond to of 57584
 
Spark, Contrary to popular belief, there is no short-cut to riches.

T is up 3 pts. . .doesn't sound significant, unless a quarter of your port is invested in them.

Internets are going down faster than people can verify their sells. . . we sold weeks ago at the highs. . . that equates to as much as 50 percent gains in each of the internet stocks, based on selling high. . .and that is just if we were to buy them back here, which we aren't doing. . . we are looking for extra doubles back to where we sold.

Short covering is popping some tiny stocks to doubles and triples in a matter of a week or so, if you haven't noticed.

In the end, the measurement that counts is NOT which stock made the most gains. . . .it is the overall gains in YOUR entire portfolio.

Hang in there, buddy. . the summer will be long and slow. . .but the fall will rock.

Rande Is