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Pastimes : EXSO-holics
EXSO 0.00010000.0%Mar 7 3:00 PM EST
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To: Harold Feller who wrote (1371)4/18/2000 8:12:00 AM
From: ChrisJP  Read Replies (2) of 1568
 
Hi Harold,

I don't think any of us are riding this one down. I got the feeling that Kenny liquidated and, heck, my 401K went to cash last June !! I did not deploy in the fall because I was in disbelief .... and I was right to not believe.

My "play money" account did real well up until 2 weeks ago. It is off 20% from its highs in mid March. I have 2 core holdings which I hope are at their bottoms: DPPI and MLOG. Although I have high expectations, I have learned that means nothing in a down market.

Although markets will be volatile for the next few weeks, they should trade with in a decent range, due to really good earnings reports by bell weather companies. But by early May, after CSCO and ORCL report there's nothing left to do but wait for the Fed. I doubt many will spend that time by rushing into stocks.

Here's a joke from my brother:

"On Wednesday I had a 401K account. By Friday afternoon, it was a ..... 201K account !!"

Regards,
Chris
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