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: lee kramer who wrote (96792)	5/9/2000 7:48:00 PM
From: Lane Hall-Witt	Read Replies (3) of 120523

Lee, Ha! Or, as OJ would say: hahahahahahahaha!!! I'm with Dortmunder. I took the day off completely: hooked up with a friend whose semester of teaching just ended and had a nice brunch, hit some bookstores, hung out in a coffee shop, caught some rays (90+ degrees!). It was great. My only regret (an expensive one) is that one of my favorite "value" stocks, VNWK, ran this afternoon on news with CSCO. Damn, I was watching that one closely -- until today! Hahahahahahahahahaha!!! Ugh--. I expect to remain mostly on the sidelines for the next couple of days and then will probably nibble for the Fed relief rally. It looks to me like the pundits are ready to spin any Fed move into a plus for the market, so that could bring buyers back for at least a brief surge. It sure looks like most of the players who want out already are out. My question is: does the selling these past several weeks mean investors have been raising cash that's now poised on the sidelines, or does it mean we have just washed out some of the debt bubble that has supported the markets?

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