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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 128.18-1.0%Dec 29 4:00 PM EST

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To: bob wallace who wrote (1007)12/20/2000 12:38:22 PM
From: John  Read Replies (2) of 2063
 
Hi Bob,

I'm just thankful I'm debt free and readily able to continue averaging down. I've heard of rumors of suicides among margin traders over on the Yahoo! threads. That's conjecture, because I don't read the Yahoo! threads myself.

The knife has been slowly inching into this market each day. We see MSFT at 43, INTC at 33, Dell at 17, CPQ at 16, CSCO at 37, and AAPL at 14.

At least we have received some measure of entertainment from all of this... Those same lame analysts who were touting QCOM and saying it would go to $1000 when it was a $730 stock (pre split) are the ones now downgrading everything in site. It's quite amusing to watch. Analysts are truly worthless.

UOPIX could close below $25 today.

Season's Greetings
John in Iceland
Mostly Cloudy, 39°F
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