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Strategies & Market Trends : Angels of Alchemy
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To: SirRealist who wrote (325)5/25/2000 11:46:00 PM
From: johnsto1  Read Replies (2) of 24256
 
I copied this from another board and I hope the person doesn't mind but it brings to the forefront the very real possibility there are many holding as this person,who thought they were safe but now are in a real vise. How many more down days will people like this hang on-2 days,3 days,5 days,2 weeks,a month,...

I guess I am a new investor looking for some guidance from you expierenced Investors I am totaly confused by this market it seems as every day goes by I say what kind of fools are selling their Csco for 51.00 and their Orcl for 62.00 only to see it continue to drop every single day with out a lot of fundemental differences in the stocks It seems quite apparant to this dummy that with most tech investors that have gotten into the mkt in the past year being wiped out that spending has to slow down and there fore it is only a matter of time before the fed is thru with the job they have started such as 25 basis points in June and finished I sure dont know where the bottom is I am one that bought Orcl at 72.00 and Jdsu at 90.00 but it seems it has to be before the Nas hits 2500.00 but of course there are doom and gloomers all of the time unfortunality this time so fat they have been right I beleive that with in 12months we will be looking back on this and wish we would have done anything possible to raise cash to get in the leading techs such as TXN CSCO AMAT JDSU and Orcle Just one persons opinion that has seen my portfolio drop 65,000.00 in a little over a week any comments appreciated Good luck tomorrow guess with everybody still selling we will need it
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