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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Voltaire who wrote (2818)9/21/2000 9:45:38 PM
From: RR  Read Replies (3) of 65232
 
Any bulls on here? I smell "opportunities!" Well, well, well..... look what the market handed us. I guess a big question is will this be the only big boy to warn or is this going to start the food chain doing it as well and have others start telling us their bad news.

In any event, I'll be buying. While I hate to see the stuffins beat out of anyone's net worth, like I said last night, unless you are on margin (which u shouldn't be anyway I maintain) or hold nearer term options, then chill down and take advantage of this to make some good entries.

It will be a shame to see the entire market go gonkers tomorrow the way so many think it will, and it may do so. Hell, I've seen this happen so many times and have learned to step up to the plate and jump in when it does. Laugh all the way to the bank later.

BTW, has anyone really digested what INTC said? Is it really that bad? I read some stuff before I went to a junior high football game tonight and the square rooters were saying it wasn't all that terribly bad .... don't know myself. But, I suspect folks will be going nuts tomorrow, wringing their hands and all that. I believe a lot of folks that get freaked out on this market probably should not be in it at all.

Hopefully we won't have a string of big ones do the same. Just chill down, Troops. Take it in stride. Be smart. Have patience. Pick some postions to target and be aggressive about going after them. What you do not want to do is sell in this mess. Just hold tight.

Good luck my Friends.

RR
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