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To: pater tenebrarum who wrote (57994)8/23/1999 4:44:00 PM
From: kimberley  Read Replies (2) | Respond to of 86076
 
i really hope you are joking... this is exactly the time to pull back and try to analyze this rationally. if you sit out a couple of days, you arn't going to miss anything life changing. you know this is a buying panic... buy you also know where a heard mentality will get you. don't you think tomorrow will give you another piece of the puzzle?

best,
kim



To: pater tenebrarum who wrote (57994)8/23/1999 5:13:00 PM
From: Fun-da-Mental#1  Read Replies (1) | Respond to of 86076
 
This reminds me of when WTI crude hit bottom around $10/barrel. I had been an oil bull for some time, but at that point I broke down and sold. Almost immediately I thought WHAT HAVE I DONE? and scrambled to buy back in the next day at prices about 5% higher. I've been holding on for the ride ever since.

This is the same only IN REVERSE, the peak where caution breaks down and we all start buying, only to run screaming away from the stock market next day.

Fun-da-Mental