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To: Fun-da-Mental#1 who wrote (48876)8/5/1999 12:12:00 PM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
They won't go home if they have any money left. They are hooked.

"Investing" is now an addiction.

Boom 2000

atoffshore.com



To: Fun-da-Mental#1 who wrote (48876)8/5/1999 12:14:00 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
O/T aol 25 point swing 65 to 90... wow ~ ... ie: tech rotation

I think we've had a couple of mini rallies based on rotation; Y2K & Octoberish tax selling - end of year positioning - locking in Portfolio numbers by the funds etc could lead to a substantial sector rotation rally into the oilpatch on a broad basis. October is going to be real interesting this year...

Damn; anyone who caught aol in the 60's - kudo's.... I couldn't pull the trigger - threw out a gtc limit at 60, couldn't pull the catch the knife trigger quick enough... can you imagine the margin calls & the ''hurling'' going on by some net funds & daytraders today.... wow. Billions & Billions $$$ .... this is insane...



To: Fun-da-Mental#1 who wrote (48876)8/5/1999 2:17:00 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 95453
 
re: " as high-tech collapses the money is going to come our way.":

Last October, money went from all stocks, but most especially the speculative/small cap/high PE stocks, into bonds and cash. The reasons for the current downturn are different, but I think the reaction will be the same. When people are scared, they head for safety. In stocks, safety=steady earnings. Where, in the OS sector, can you find a track record of steady earnings, comparable to CSCO or drug stocks or Coke? You can't. Investors are not going to rotate into a cyclical sector when they're scared about rising interest rates.