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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: $Mogul who wrote (25122)11/9/1999 2:01:00 PM
From: gizmo&jack  Read Replies (3) of 108040
 
For the record, went 100% cash at the open. Got out of EGAN at 44.75, CLIC at 56.875, and ISPD at 13 15/16. Got burned on last PPI and last ECI when markets gapped up and then turned on a dime. Had a feeling the same thing would happen today. Only difference is major rebound today in some stocks. But buyers beware. The time I get most nervous in the market is when no one else is. KANA, EPNY, BBSW have been ridiciulous lately. They do not have the revenue to support their market cap. Their growth rates are going to have to be unreal. Maybe they will be, but wouldn't want to get caught holding the hot potato. Tomorrow's a big number. Hope it turns out well for people buying these stocks at their high.
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