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Technology Stocks : WCOM
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To: el paradisio who wrote (6112)4/1/2000 2:12:00 AM
From: c.hinton  Read Replies (1) of 11568
 
El Paradisio,I admire your strategy,though I disagree with your,in my opinion,overly optimistic view of the near future.You have your corse mapped out,and a cut loss stratagy that should offer protection.If only every one was as prepared.My main concerns are for those whos only reply to disagreable news or opinion is to rant and rave,one can only wonder if they have the sangue froid not to panic if the crunch comes.
Pesonally I dont see how the economy cannot go into reccession considering the general level of of americain savings.Peaple will soon have nothing to spend on non -essentials.Where will main st be then?It is fortunate that bancrupcy is relativly easy in the u.s.a.For them that will be the best way out.That means forced liquidation of assets.Not agreat thing for the market.
yours
chinton
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