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: ciVic who wrote (95851)	4/12/2000 6:45:00 PM
From: KevinMark	Read Replies (1) of 108040

Yep and what pisses me off is that I got shaken out after the market corrected 185 points and some Dumb A%# analyst on CNBC said they were buying when the Nasdaq hit 4000. They felt that might be the low. You know the rest! The market went from -185 to -3, then sold off again. Instead of staring at a 15k gain, I'm looking at what used to be the remnants of 4 blowout tires on my bus today. Time to replace those tires and move on. We're very close to the bottom for the short term IMO. I expect the bottom to hit by tomorrow or no later than Friday. Next week we will definitely move higher, mark it down. It's simply amazing the differences in tone from 1 week to another. Next week will be all positive. The week after will be all negative and so forth and so forth. It's time to play the bounces on both ends. I trade on the long and the short side on a daily basis (JNPR,PMCS,AMCC,YHOO,RMBS), rarely holding anything on a daily basis. It's time to ride the trend. Next week will be up trend, the week after will be downtrend. KM

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