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mmayr

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mmayr

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Re: thepennyking post# 73

Wednesday, 03/31/2004 6:43:10 PM

Wednesday, March 31, 2004 6:43:10 PM

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Good time to set "tight stops" on positions and endure the inevitable correction. However, there are still many stocks that are trading with P/Es below 15. It will just be a matter of industry rotation.

I'll be watching Life Insurance providers as terrorist attacks (that do not seem to be able to be put to a halt) continue. A more aggressive war policy will also increase the demand for life insurance. Every geopolitical climate has a market cycle that follows it.

Peace,
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