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Non-Tech : The Critical Investing Workshop

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To: Uncle Frank who wrote ()4/4/2000 4:08:00 PM
From: mtnlady  Read Replies (1) of 35685
 
Wow .. thank God that is over with... Ugly.. ugly... ugly... I had planned and managed for the 2nd drop (right before tax time) but was expecting a 3-4 day drop.. Not 7 days... Next time I think I will hold off the 'buy' button for another day or so... Very ugly... Now to just dodge a margin call for a few days...

My two cents worth.. Some dips and moves as folks have to settle margin calls but we are basically out of the woods now and ready to run for the next 3-4 weeks.

What a year... Hate to say it guys but it's going to be one of those years. The way to make money this year is to position, buy and survive the big drops... I would expect another one before summer time.. And a longer drop than this one. In the mean time we should make good money through earnings. Hang on to those G&K's and tornado alley stocks (e.g. JDSU, NTAP, SEBL). They will come back the fastest.
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