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To: Badshah J.Wazir who wrote (11054)	6/11/1999 7:07:00 PM
From: E. Davies	Read Replies (1) \| Respond to of 29970

I fear the Market is going to RUN, RUN on the downside ie may be 15-20% correction from the high. When Ahhaha was incredibly bearish on ATHM and the market nearly everyone disagreed with him. He was wrong for quite a while too. Now that he is cautiously bullish I suspect he wont be right until nearly everyone disagrees with him too. When we are all convinced it must go lower, then it won't. I for one am convinced it must go lower. Just a little interesting story: The only time Ahhaha ever recommended I buy a stock (actually he ordered me to buy it <g>) was to buy T at the open on 9/1/98. Split adjusted the price was 33 1/3. Take a look at a chart-- The absolute bottom that day! Gone straight up and never looked back. Was it luck? You judge. Eric

To: Badshah J.Wazir who wrote (11054)	6/11/1999 11:34:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 29970

I don't disagree. Nothing wrong with protecting a profit. You have cash and many are envious. The cash gives you options to take action when the market bottoms, tests, and starts up. My comments were general. I am stating that the selling which has been in place since Feb 1 is running out of gas. Just because buying starts up it doesn't mean price will advance. First the buying must repair what selling has done to psychology. That's why you let the market tell you when to enter. You wait until after a bottom. You don't try to pick a bottom. What defines a bottom and what criteria make a go decision justified? "Too complex for immediate read-out", says Majel Barrett.