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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (129172)11/29/2000 12:44:19 PM
From: tejek  Read Replies (1) of 1570554
 
I have just watched it go down. I would not sell here unless you need to for tax loss purposes. If Gore concedes within a short period of time...that's a 200+ Nasdaq gain in hours...500 in a few days...
OTOH, should he continue to drag us in the mud there could be a point where a negative chain reaction is set off and maybe like you said, it takes a while...
Should the economy slow, however, AG has some room to ease...and that will help the market...


Jim,

For all the rhetoric, I don't think the problems with the Naz have a lot to do with the elections. The Naz has been humbled by slowing earnings...did you see that the GDP growth was cut in half for the latest quarter?

I continue to sell on rallies, trying to minimize losses as much as possible. I am also moving into stocks that continue to show some growth for various reasons. I just saw that since March you would have been better off investing in bonds rather than equities.....that's ugly.

Like Rob S has said in the past, the only way to make $$$ in this market is to trade it. I think he is right.

ted
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