Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kha vu who wrote (93343)	4/14/2000 12:09:00 PM
From: Lane Hall-Witt	Read Replies (1) of 120523

Where are the institutional buyers ??? They're at the bars watching the Naz plunge on CNBC and laughing at the high-flying hedgies who are selling to, well, to nobody. The "good news" is that the rotation into the Big Board stocks has stopped for now. Investors are raising cash, which may mean they'll re-enter the Naz when the market bottoms out. It's so fun to watch the market dive when you're all cash. I wish I had appreciated how bad this was going to get five weeks ago, when I was still trying to "bottom-fish" stocks that are now 50-70 percent cheaper than they were at that time. Lessons learned--.

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