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Strategies & Market Trends : Group Therapy

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To: Duane L. Olson who wrote (3174)2/28/2001 12:41:02 AM
From: Alan C. Zezula  Read Replies (2) of 4564
 
TSO/DLO I have no profits to meet my margin calls :-(. I'm sure you didn't mean anything by it when you said that.

As you are aware as I liquidate my positions they are no longer marginable nor are they profitable. All I have is a big mess in a downward spiral that has turned into a vicious catch 22 situation. Most everything I bot was from Apr. to Oct. last year and is virtually worthless.

Guess I am not only the dumbest person in the Group but the dumbest person in SI. As all people talk about is how they are all in cash since last March and are waiting for a buying opportunity. I feel like I'm the ONLY ONE who did not see this coming and bot the techs. because I believe in the technology of SUNW, ORCL, INTC, LSI, and NOK.

I can't understand how the Fed. members I see interviewed say the economy is good and that the few thousand people being laid off do not count as they are not affecting the economy. Makes no sense to me. I just feel very sorry for the people with no jobs and how it must affect them and their families. JDSU is just another example 3,000 lay offs :-(.

Al
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