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To: Lucretius who wrote (79410)12/14/1999 8:35:00 AM
From: clochard  Respond to of 86076
 
Say it enough times and everyone will believe it.



To: Lucretius who wrote (79410)12/14/1999 8:41:00 AM
From: pater tenebrarum  Read Replies (3) | Respond to of 86076
 
well, if it sounds sick, that's because it IS sick. i refuse to buy into concepts except for trading purposes. the real co's will still be around once the sh*t hits the fan, most of the concept names will simply disappear...of course, a handful will be huge LT winners, but i'm not going to go and guess which ones that will be.
i'm now buying beaten down high yielders...that's where money will flee to once the ponzi stocks get whacked. what's more, think about taxes: now they're selling the losers for tax losses and keep the winners to avoid paying taxes. early next year, i expect the process to revert: the indices could easily fall while the a/d line recovers.



To: Lucretius who wrote (79410)12/14/1999 11:07:00 AM
From: LTK007  Read Replies (2) | Respond to of 86076
 
my feeling when the money finally flees the "concept" stocks the pharmeceuticals(among others) will start absorbing that cash--i have MRK-had it for ages---every so often i think of dumping it--but as i say,i think the pharms will prosper next year.IMO.Max