|
PureBytes Links
Trading Reference Links
|
I am increasingly focusing on matched longs and shorts where one is long
strength and short weakness in roughly equal amounts. I am also focusing on
sector and country ETF's to dampen volatility. Absent major directional
moves, such a portfolio should produce good returns from each component. The
long/short combination should reduce damage if/when huge, news-driven,
volatility spikes occur.
Earl
----- Original Message -----
From: "BobsKC" <bobskc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, January 22, 2003 9:12 PM
Subject: Re: [RT] Tomorrow and after
> We went from caring about little other than interest rates to caring about
> nothing .. insanity ruled .. now, we care about earnings again. While
many
> companies are beating estimates, those estimates are, in many cases, a
tiny
> fraction of what their earnings were in the hay days .... I'm not saying
> they won't or can't develop earnings that will allow price increases while
> still maintaining pe ratios that are reasonable, (15 - 20), but they will
> have to prove it. Either way, as traders we can make money but it is a
> time to be fleet of action and without too much conviction in any
> direction, at any time.
>
> All best,
>
> Bob
>
>
> At 10:12 PM 1/22/2003 -0500, you wrote:
> >Dear Bob,
> >
> >Agreed about stops....At the same time, from people I deem reliable
> >and not extremists plus my own observation, I think a new bull market
> >has started. Just like all bull markets, it is not going to be
> >straight up. It will be an up move and a correction.
> >
> >I have been monitoring earnings in the WSJ since the beginning of the
> >year and close to 70% are increases in revenues and earnings. Even
> >what was reported today on CNN was not all that bad.
> >
> >When Iraq is behind, I believe We Rock.
> >
> >Of course I am hedging a bit to be safe...
> >
> >John
> >
> >
> >
> >------------------ Reply Separator --------------------
> >Originally From: BobsKC <bobskc@xxxxxxxxxxxx>
> >Subject: [RT] tomorrow
> >Date: 01/22/2003 09:35pm
> >
> >
> >The futures look like I may have not had to take that loss but a stop
> >is a
> >stop for me. Stops aren't negotiable .. they are religious. I hope
> >everyone has a great day tomorrow.
> >
> >Bob
> >
> >
> >To unsubscribe from this group, send an email to:
> >realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> >Your use of Yahoo! Groups is subject to
> >http://docs.yahoo.com/info/terms/
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Rent DVDs Online-No late fees! Try Netflix for FREE!
http://us.click.yahoo.com/OdoN7C/oEZFAA/46VHAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|