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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Teflon who wrote (1742)	3/31/2000 11:16:00 AM
From: Sir Francis Drake	Read Replies (1) of 1817

Teflon, this has less to do w/ ICOM, IMO, than w/ the market. You cannot have the naz correct by as much as it is doing, and not have stocks go down. ICOM has come a long way from very low valuations. Lot of people still have profits to protect, so they are bailing. Perhaps it would be better to step aside and get back in once the carnage is over. You may pay a bit more to get back in, but you avoid a meltdown. Just my opinion. The market is very nervous - hopefully April (starting Monday) will end this nonsense (I am actually hoping for a positive naz day at the close of trading today - I'll be selectively picking up bargains - but as a trader, I'll dump them for a quick profit). A lot of worthy stocks are selling off - why pick a high-risk like ICOM here? The cattle are dying and the peasants are running for the hills. I'll trade for now. All IMO. Morgan

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