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Pastimes : Home on the range where the buffalo roam

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To: Didi who wrote (775)	4/4/2000 3:43:00 PM
From: Boplicity	Read Replies (1) of 13572

brcm moves 70 points today and it's near unchanged or down a little now that is a joke, from cramer notice last line very good advice... <<Helmets back on. Incoming artillery. Seems less heavy than before. Might be white phosphorous instead of high explosive. Some technician just recommended shorting a group of highfliers. I am playing contrarian to that one. Where was that guy when we were taking it off the table? This little selloff is making it difficult to figure out what will happen tomorrow. We needed to see stocks hold here so only the most liquid of the leveraged players are left standing. Heavens!! The selloff may not have been long enough to knock out all of the people who need to get knocked out to get a definitive bottom. We are riding out the shelling in our foxholes. We have committed 25% of our capital and now don't want to do anything but fill-ins. One thing that hurt us today was high-dollar-amount stocks. For example, we bought a little Juniper (JNPR:Nasdaq) down 25, a total violation of my wife's rule to avoid high-dollar-amount stocks in crashes and near crashes. "Don't go after the ones with 200 bucks in them, they have 200 points of downside!">>

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