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: Frederick Langford who wrote (96997)	4/14/2000 4:08:00 PM
From: westpacific	Read Replies (1) of 108040

What a day - a day in history!!! Monday could really be scary, many people are going to do some serious sole searching over the weekend. On one bright point - the damage is already done. Institutions with cash are saying they do not want to be the first up to the plate - no serious big buyers throughtout the day! Lack of interest in getting involved. Fund Managers are not doing anything right now. We will see further selling on Monday, however even with a bounce the PEs of many play are still plenty high. This is a fact we need to consider in starting in on a buy program. Time to study PEs over the weekends and take a long hard look at the NAS chart for support. Have a good weekend everyone and we will prevail, stay strong! Cash was called by many great traders on this thread once we broke down on the Tuesday sell off two weeks ago, no one to blame but yourself for not taking tough risk management measures at that time!

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