To: Joe Smith who wrote (17960 ) 1/5/2000 5:35:00 PM From: carepedeum2000 Read Replies (2) | Respond to of 57584
joe, i know what you mean, i thought we would end on the positive side, still sitting on yahoo at small loss, could have clipped a profit earlier, but got "greedy", now i think we are back in the numbers game, with the number friday being big, look for action last hour tomorrow to give clue if number is good or bad for market, at this point, we need benign employment report, which will signal fund managers ok to put money in market monday, if we dont get that, selloff could get lot deeper, we need some great earnings to get the techs breaking out again, yahoo is tuesday, if they just give us 2 for 1 split, we will see big sell off there, risk/reward is still pretty dicey here, im starting to think that american spirit value plays may be the "easiest" way to make money next couple of months, wont move like the techs, but you can sleep at night, i can tell you yahoo options will "keep you on edge", good thing its only money on other plays, my dow jones calls from late monday came back some today, but still in the red, tier showed some strength at the end, i would call that a "value" play at 3 times sales, also cnqr firmed up and should get all clear signal when earnings come out on 19th, also bought some more idc today at 53 and rimm at 49, hot sector when techs come back will be "anywhere-anytime" wireless internet stocks, phcm is the gorilla, rimm, aeth are other players, also like ldp as safer "internet incubator" play, good thing about the market, the corrections are on internet time so you can take the medicine and get them over quick, one of these days, there wont be any buying on the dip, but i dont think that is today, overall i think there is still some money on the sidelines wanting to play, as soon as we can show signs of firm bottom, the funds will drive us higher, heres hoping that starts soon!! getting writers cramp, got to go take some dramimine hasta la vista baby