SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: DlphcOracl who wrote (13592)10/18/1999 11:56:00 AM
From: KevinThompson  Read Replies (2) | Respond to of 57584
 
The market is really trying to punish today. Intel under 70, ATHM under 39, CSCO near 66...

We probably need a couple more days like this before getting into recovery mode. Looks like there is lots of anxiety about the CPI tomorrow.

KT



To: DlphcOracl who wrote (13592)10/18/1999 1:19:00 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Should have waited on LU. Now below 56. Got some UIS at 23. Resisting fear and panic and trying to buy judiciously into this dump. This could all recover in a matter of days. The CPI report may not be great but a bad one is already being priced into this market. And I'm seeing bargains I haven't seen in a long time.

Try to pick stocks which don't seem to be able to get any worse. Of course you never know. Just have to trust your gut. Remember that many millionaires were made last October by those who bought and held. The only money lost was by those who took their write-offs in the middle of the big dump.

If you do want any dogs though, it's a nice time to take tax losses and switch into better stocks because even the strongest stocks all beginning to look cheap here. Wish I had more cash.