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Pastimes : Making Money and Preserving Capital on the OTCBB Market

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To: Wayne Rumball who wrote (146)4/14/2000 11:28:00 PM
From: JamesB  Read Replies (1) of 268
 
A bit of time has passed since you spoke those words. I sincerely hope that most heeded your message and went to cash. If not, then they have looked the devil in the eye, and recognized him as their own greed and foolishness. As of the close today I am down almost 2% from my highs, and I consider myself extremely fortunate. None of that is attributable to the OTCBB, but rather to a couple of Naz stocks, TRAC and well you know that other one, the un-cancelled order stock. Was able to minimize quite a bit of the TRAC losses by trading it several times today.

Anyhow, hope that most did not have a bloodbath, and will be in a position to take advantage of the market when it does turn. Spending my weekend researching Naz stocks that are on the bottom and wayyyyy off the highs. Will spend next week or however long it takes to watch for the real bottom, and then start buying. Probably won't do much with the OTCBB for a while, except maybe the occasional bounce that just looks to good to resist, or maybe a split play.
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