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To: hdrjr who wrote (54057)11/5/1999 11:22:00 AM
From: John E. Stanga  Respond to of 95453
 
And this selloff could well reverse before the market closes today.



To: hdrjr who wrote (54057)11/5/1999 11:29:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
<<This sell off seems unwarranted.>>

hdrjr; this is what separates the "men from the boys" - the pretenders from the contenders...

It's "Gut Check Time" - people; either you believe the "Story" here, or you don't...

Remember; you gotta know when to hold em, when to fold 'em; when to walk away - when to run; or where to stand solid; and buy headlong into these "unwarranted" sell offs...

Days like this are profiles in investor behavior & sentiment; the Street knows - the little fish can't stand pat in the face of a "Great White" Shark Attack...(VBG); they know most of you will "Blink"...

I feel that I have set my limit buy orders and prepared well here; I've only triggered a buy on SII so far; I set most of my limit buy triggers; below the OSX 68 ish levels for individual stocks. GLBL I bought yesterday as I will not miss an intial entry sub $6 7/8ths; after selling out on the break over $7 3/4's and given its rolling trading range from $6's to $8 of late; I will make it worthwhile at $5 7/8ths before adding again...

The "MO-MO" fav's are the traders here SII CAM WFT BJS; and the disporportionate small cap blow offs - ie: IIR HOFF if they go double digits here etc... NOI OII look attractive here on weakness - damn; it's throw a dart time again...

Loving VTS PGO SII UPR here... maybe I get to buy back UTI NBR, or ESV MRL FLC here ? ... RIG has lots of potential SLB sellers... but, is a fundamental longterm no-brainer here... value funds have to be RIG buyers shortly.

This happened too fast imho, we could see a 2 pt+ intra-day turn around from this bottom today. But, the short - sharks will be back daily untill tuesday - act accordingly...

Got your "Shark" repellant ? Blink yet (VBG) ?