Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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

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To: KevinMark who wrote (92196)	4/3/2000 6:11:00 PM
From: stan s.	Read Replies (2) of 108040

Unnerving day though Kevin, to realize what we're at the mercy of. Naz drops almost 8% on volume 20% less than last Friday...on the fear of MSFT news that everyone already knew the answer to. And now MSFT's up after hours. Might as tell toss the technicals out the window on this correction. The emotion of this last week was so misplaced and convoluted it became a farce, an over reaction to itself. Markets may be efficient in the long term but short term this was a great example of the foolishness that pervades. Markets need to correct on a regular basis without question and even as much as 10% without reason. But when the average investor wakes up and (with the help of CNBC and friends), decides he's so much smarter than he was last week....the ensuing panic really does make you wonder what it will be like...when the there really is a reason to panic. Hope we're all out and rich when that happens, 'cause it will. Gonna go play some tennis, need some air! LOL Stan

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