Is there a bottom in sight <ggg>,,,,besides ZERO!
Heck, I would settle for a good ole fashioned short term bear rally just so I could sell one or two things....
Am really amazed at just how low they have taken things. I thought last year was bad when tech stocks were correcting from $150 - $75.....I remember thinking "sheez, I cannot believe they have come down to these price levels"...now I sit here thinking the same thing....jdsu, sunw soon to be under $10 or $5 stocks and the list goes on and on and on...simply amazing.
Biggest mistake I ever made, and keep on making, is assuming a bottom is close, and therfor not selling. heck, in hindsight, I wish I had taken my extreme losses when the stocks went from 150 - 75....at least I could be buying back 5 times as much for the same amount of money right now.....simply amazing....I sure would like to buy a boatload of stocks like jdsu and sunw under $10, but frankly, dont see where the cash will come from. I have a measly amount of cash I added to my 401k...$2k, and thats about all the spending power I have as I am fully vested watching this $hit drop more and more on a daily basis......Oh well, I guess I'll use that $2k to buy 2000 shares of jdsu, orcl, sunw or ntap...whichever one hits $1 first.....
keith |
