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Strategies & Market Trends : Tech Stock Options

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To: stan fisher who wrote (2346)6/7/1996 10:47:00 AM
From: Michael Hillman   of 58727
 
Feb's #'s
Were great entertainment ..the week leading up was very flat ...I kept going to sleep at the screen . I was less exposed then ..so it didn't hurt ..just educated ...."make hay when the sunshines ...be sheltered when it rains " ...
Any pain I felt this time was done yesterday ...the main difference between this time and last BUT..Like this time . all the sell offs were very orderly ..that's why you see this kind of flow ..second wave of selling waiting for bargain hunters to step in ...to sell to .The diff is the market has experineced this before ..and some was built in yesterday .
Bond sales backed up so badly last time ..it carried over to the Monday . The 'true' market investors ....the long termers just rode it out .....brave true believers double their positions to average out ...
No ..I just watched the carnage ..didn't dare try to partake ..the education it provided was invaluable ...the capital I let sit ..allowed me to be here today ...to profit on the next rise ....
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