rande- just between me and you, my "highly technical complicated formula" is a little bs/common sense/experience from getting toasted
many times before, now after seeing lu disapointing, i am real glad i "only lost 25k" on yahoo, it will be much cheaper in the morning, i think we are back to the mood of looking for reasons to sell, vs december was looking for reasons to buy, that means good news doesnt do much and bad news drops big, $64,000 question is "where is the bottom", and i think there is some money going into the underperforming "value" plays until we really do find a bottom on the techs, my guess is we will see 3500 area on the nas at a minumum, and worse case scenario could take us back to 2900 this year, (but i hope not) i just hope we are still in cyber time where we get the big correction over quick and then we can get back to making money, I raised a lot of cash today and almost bought lu before the close, made good money on hifn, and I like plays like tier that are waiting to be discovered, iaac waiting to announce on line international trading,
and some of the small cap issues, one of the biggest things i have to remind myself of is the market will do what it wants to do, not what i
want it to do (unforunately) |
