Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dennis michael patterson who wrote (4933)	4/4/2001 10:18:22 AM
From: adcpres	Read Replies (3) of 52237

DMP: The carnage is awesome. I cashed out two weeks ago and turned off the computer since that time so I would not be tempted to buy when I could not see anything but a dying market. Got tired of hearing all the bullish bull---- about the bottom being in etc. The last time I traded was 03/23. On that day the closing prices were: CIEN(56-1/2), PMCS(33.9), JNPR(55.4), AMCC(23-3/16) to name a few. Look at where they are now! I thought to short back then but even though strongly felt things would go lower, just could not get myself to do it for fear of temporary reversals. When things are this low it is just hard to go with the trend(DOWN) and short the market even though it is the most prudent strategy. Dow dying fast now (-96pts)--- it was +14 when I started writing this. Maybe I will turn the computer off again and wait another two weeks for better prices. Thought this might be a good point to do some buying but the potential for more down draft is high. Dow now -41.9 Looks like a roller coaster ride might be in the cards for today. GH

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