America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: RocketMan who wrote (3100)	1/22/1999 9:38:00 AM
From: Keith Howells	Read Replies (1) of 41369

Rocketman, Nice to see somebody feels the same as I do during these turbulent times. I've tried playing these down markets and was successful one time out of three. I don't even bother now. I personally believe that a lot of this stuff that comes up ala Brazil and now China is somewhat relevant, but not to the extent that the market makes it and not to the extent that sources like CNBC do. I wonder how much is really a 'churn'. The guys or funds that play the market daily can't make money if everything is at a high price. They need to create a little fear to get folks to bail so they can get in at a cheaper price. When they're in, we're just as likely to see on Monday that the internet stocks are now a bargain. The bubble is burst and everything is OK. come on back and buy. And oh, by the way, Brazil and China are no big deal now. I guess I'm getting cynical. I've seen this too many times and made too many stupid decisions to let something like this bother me now. As you said, let's see where we wind up at the end of the year. I have the feeling that we'll be better off than we are today.

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