InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 86.37

-0.5%

Nov 14 9:30 AM EST

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To: silversoldier a/k/a SI Sy who wrote (22135)	11/1/2000 7:53:51 PM
From: Hawkmoon	Read Replies (1) of 28311

Oh, how I resisted your technical analysis! Don't feel bad.. my wife resisted it as well... so instead of capturing that tax loss on GNET back at $54/share, she held on, sometimes I think out of sheer spite, and her portfolio now reflects that "deer in the headlights" mentality... <sigh> There was just too much tax loss selling that institutional investors had to do... And now we have two months of individual tax loss selling.. And the worst variable in this analysis is that when institutions sold their losers, many of them immediately plowed the remnants back into other stocks in anticipation of a November-December rally. However, Trimtabs.com is reporting that money flow into funds may actually go negative for October, and that would suggest that the funds have shot their wad and have nothing left to buy with. If so, that would be VERY BAD for US equities and would suggest we could see new lows on the Nasdaq... (pray that this theory is incorrect). nd I'm not so sure as to whether you actually want me to post my views on just "any topic".. This gal posted this to me on the AlGore vs George Bush thread: Message 14701855 And how did I respond? Message 14702787 Needless to say, I'll likely never hold political office... <VBG>

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