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To: marginmike who wrote (60295)1/6/2000 6:34:00 PM
From: Jerry Miller  Respond to of 152472
 
i know what you mean. <g>

but still, i think you're right.
we can all probably take some comfort too, in the fact that this money's not leaving the market, it's just going next door to the Dow.

just like last September, when pork bellies, and dead trees were all the rage.



To: marginmike who wrote (60295)1/6/2000 6:43:00 PM
From: freeus  Read Replies (1) | Respond to of 152472
 
re with after market it is closer to $5 mill
My gracious MM what was the number you started this great year 2000 with??????
Freeus



To: marginmike who wrote (60295)1/6/2000 9:06:00 PM
From: JohnG  Read Replies (1) | Respond to of 152472
 
Mike Margin. At 140, it is just down 22% from the highest close at 179. If you had sold all at the peak you would be hit with 39.6% taxes and the problem of finding a reentry point. So, unless you purchased options and got lucky, holding through a quick bottom is not so bad. Probably you bould have missed the top and been even worse off.

This situation isn't so bad so long as it pops back up to 155 relatively soon.
JohnG


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