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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Tony B who wrote (16089)6/15/1999 10:25:00 PM
From: American Spirit  Read Replies (2) | Respond to of 56535
 
Today was no recovery for nets. If you look closely there were few which went up (Broadcome is one). AOL and ATHM up small amounts after precipitous falls. FATB, BNBN, IATV were ones I noticed getting hammered. And these are GREAT companies. We're still in a turbulent uncertain place vis a vis nets. I'm not holding many but the ones I've held (particularly BNBN) have been hammered. --

Still today was a sign that there are blue skies behind the clouds.
Benign or good news will gradually relieve fears. However, I did rim today and may indeed take some big early tax losses on a few stocks, if only to keep from having to look at them on my screen. That capitulation would probably represent the real bottom which is ironic because it's the worst possible time to sell.

Let's hope for a better day tomorrow. CPI numbers could relieve tensions (or not).