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

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To: 2MAR$ who wrote (91825)4/3/2000 12:13:00 PM
From: westpacific  Read Replies (1) of 108040
 
Hold nothing overnight! Support at 4300 and that is what was said at 4450, next stop on the elevator is 4000 and I say we head there next. News on Microsoft at 5:00, should be negative and thus a further drain on the market Tuesday.

This has hurt so many people and will take some time for confidence to come back into the market. Forget the DOW stocks, it will tank soon also, it is 2000 pts. overvalued.
Daytrade on green days and sit it out on down days. We may see no significant upward momo until we get into the fall season. Hard to call what to buy, even solid plays that have been beaten up and are expected to have solid earnings in the upcoming earnings season are getting pounded!
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