I would be careful shorting right now. Many leading stocks are well
liquidated. What is more, the market is not selling at a premium currently.
There are certain pockets that are expensve, but the broad markets are
fairly priced, if not down right cheap. I would in no way be long oil or
gold at present. I think the best strategy would be to sit tight and wait
for a bull signal. I just think that much of the pessimism is already priced
into the market.
On 2/4/08, Jim & Patsy Bicknell <jebdod@???> wrote:
>
> Hi George,
>
> Although I'm not in the same league as you and Mike Scott, I am a Fidelity
> Active Trader Pro user and have been for the last two years. I have
> Wealthbuilder Pro and Options Trader Pro from Fidelity but do not use
> those
> software packages. I trade options frequently but do so through Active
> Trader Pro. I also subscribe to IBD's Option Guide but haven't gotten much
> from it as yet.
>
> Wealthbuilder is really an impressive software package and I'm surprised
> that Fidelity doesn't promote it more than they do. I would really like to
> spend some time looking over the shoulder of someone that really
> understood
> the software.
>
> I certainly appreciate being on the receiving list of your Emails. I've
> appreciated the information you all share and I'm impressed with the
> knowledge of investing that you possess.
>
> Keep the Emails coming.
>
> Regards,
> Jim Bicknell
>
>
>
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> 1:50 PM
>
>
>
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--
Keep growing, Kevin L. Pickell