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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: MiriamsSon who wrote (43423)4/16/2000 9:42:00 AM
From: myturn  Read Replies (2) of 150070
 
Sir John Templeton, who is considered to be one of the fathers of the Mutual Fund industry, and one of the greatest fund
managers of all time, said (paraphrase):

"I always made the most money when I bought at the point of maximum pessimism."

I am a buyer on Monday. I can not find any reason for this sudden drop in the market. Companies are meeting or beating most of the analysts predictions. Quite a few old economy stocks will be reporting earnings this week. Even the majority of them have been beating earnings.

I don't get it. I understand why we had the crash in 87, crisis in 98, but nothing makes sense for this correction at this time.

I believe it is time to get started on my book I have been wanting to write for so long.

Cheers

RG
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