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Technology Stocks : copper mountain CMTN

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To: P314159d who wrote (462)4/10/2000 11:01:00 PM
From: P314159d  Read Replies (1) of 1226
 
Stock is burnt toast for next days up to expiration.

Should see some cycle low in that period unless total breakdown occurs in the Naz.

NAZ 3000, QQQ at 80? CMTN = ____= huge buy?

Lightened on Friday ( made me mad to 91 open!), but i kept some low priced shares around 50.
Hope the toast ain't burnt that bad, but it could be. Maybe should have got some puts to protect, but I just ain't that smart.

Catch this falling star, if you can.

The big reason we have hit such volatility will show up in spades worse than ever when we go down and don't recover in the index.
Forced selling will be the big ticket following day. Remember the phrase "irrational exuberance" (one for the history books). Remember the current peak in Margin (history books as well) and the % over 200 dma that the NAZ was this past quarter (history too).

Then you can understand the absurd prices better. 100% return to follow for traders.
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