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To: Larry S. who wrote (21131)10/26/1999 8:59:00 AM
From: Susan Saline  Read Replies (1) | Respond to of 53068
 
BXM .. u all know I follow this closely and have position ... the trading on it yesterday ... shows it's strength's ... if followed the market down all day ... with a florish of buyers at the close ( a good indicator of more plus signs to come ) this chart is basing ... and poised to make some remarkable moves upwards soon. My patience (or lack of) when I took profits the last time, showed me that patience is more important than the 'thrill of the trade'
I am in 'hold' mode with many now ... NEON is a good example, a double now since it dove in July ... many will follow this chart pattern ...

DAN ... hang on to that ANF ... it is the favorite money spending teen stores ... and even I shop there for holiday gifts ... it will be tempting to take profit at breakeven ... and be just another 'too bad' move ... we cannot expect to get the 'bottom' on our divers, but we can learn how to hold them longer than we do ... once the chart has changed to uptrending and give us much more gains ... then we often take.

best to all ... sue



To: Larry S. who wrote (21131)10/26/1999 12:35:00 PM
From: Maarten Donders  Respond to of 53068
 
>I think that most of the selling is behind us, and that
>the buying opportunities will start in early November
>rather than mid-December. Think I would want to be fully
>invested by mid-December, and certainly by year's end.

Interesting point of view.
I sold nearly all my stocks, cause I am afraid of a y2k-panic end-november begin-december.
I don't know if this will happen, but I think the upside potential until mid-december is not worth the risk.
If there is a panic-selling however, I will be there to collect the bargains, cause I'm not afraid of y2k itself.

By the way, what really scared me and convinced me to sell my positions was the completely irrational slamming of EFII. Big earnings surprise and selling from nearly 60$ down to 38$ in a few days. Wow...

Greetings,
Maarten