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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (47414)5/11/2000 10:04:00 PM
From: wanmore  Read Replies (2) of 94695
 
Do you really think it can be that easy? We have been in a pretty good downtrend and we happen to have one up day on the Naz (an inside day at that) and all of a sudden you are long? I too expect a tradable rally here...but you would have had to have bought today to reap any decent profits IMO. Is that what you are talking about when you say you went long or are you actually calling this THE bottom. I have been wrong more than right lately but I just cant see this being the end of the hard times. I would have expected to hear a little more crying from the masses.....all the AOL , CSCO, MSFT, QCOM, YHOO, INTC, DELL, ect... stock holders that have held on for 3 to 5 years to actually see losses .(the tech stocks that everyone feel are "safe" to hold) That would cause a capitulation sell-off IMO. BWDIK...my last 9 trades have been losers and most of the positions I currently hold are at losses
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