Only 75 subscriptions are available. If you added to existing mutual fund or individual stocks on the decline as recommended then continue to hold for a strong rally that could last up to 14 months. The correction down within the new bull trend that started in March-April 2001 is a buying opportunity. They have done well and you should show good profits. Short term traders and speculators are advised to go long and should remain so with close trailing stops.
Many stocks are at or near buy points, particularly in the tech, semiconductor and biotech sectors.
Options traders continue to play both sides of the markets inasmuch as volatility is likely to remain high, offering many opportunities to establish various options strategies as well as naked put and call short term trades. These are excellent trading markets but short term and day-trading are NOT suitable for all traders. Panic Selling could last for several hours on Monday, however, a turnaround on record volume after mid-session could witness one of the most dramatic one day reversals in stock market history. Chief Market Chimp Jacob Jake Bernstein is now syndicated in over 400 on-line newspapers weekly. Each course consists of 4 specific lessons designed to teach you the important concepts in each area.