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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: To_A_Million who wrote (58454)	1/6/2000 6:38:00 PM
From: Lone Star	Read Replies (2) \| Respond to of 108040

i didn't lose anything, 'cuz I didn't sell my OPTO, CLIC, ELON, HRBC or NESY. Of course, on paper... My point is this is not yet anything like a bear market, I believe we'll come roaring back but when is the question.

To: To_A_Million who wrote (58454)	1/6/2000 7:06:00 PM
From: JeanD	Read Replies (1) \| Respond to of 108040

Probably everyone is down today. My biggest holding, OPTO, took a dive at the close. I was so freaked out after watching Level II in this market this week, especially today, I had to take two Kavas and start painting. For those of you that don't know about Kava, it is a great herbal stress-buster. I couldn't find anything too alarming when I researched it, but do your own DD. I also find painting very therapeutic ... (doors, trim, walls ...). If you live in Southern NJ feel free to come and try this out at my house. I used to go out and mow our lawn (in about half the time it usually takes me) after a day like today, but I can't do that during the winter. So, when you turn off your computer and feel like it is just too easy making money in the stock market, remember days like today. I also find it stressful knowing that people here are down in principal on their purchases (some of whom I genuinely care about) ... lost profit I don't care about. As long as you're ahead you should be happy. I sold CORL too soon today, but was happy to make the $$. So, as I was trying to put it all in perspective, I had to tell myself this has happened before. Is this time going to be really different? Yes, we have some REALLY overvalued stocks out there, and a lot of them have taken it on the chin the past few days. An interest rate hike in the wings, and a lot of people feeling genuinely uncertain about what direction we're going to go. Throw in a little LU, and it may look like the recipe for disaster. On the positive side, earnings season is coming up, and that is typically a good time for the market. Some of the stocks that people are down on have some pretty hefty price targets (i.e. KOREA, SQST, just two off the top of my head ... I know there are many more). I guess what I am wondering is if anyone feels like this correction is going to be any different than past corrections. Like Swiss said, just when you feel like you're going to throw up, that's about when it turns around. I was pretty queasy today - but I do think that there are some stocks that have moved really big in the last few weeks that may still be ready to give some more back. I remember commiserating with Barbara during the August correction, and I panicked and sold out almost everything at a loss, only to watch it be back where it was where I bought it within a week. That's when LCOS was selling for 32 and YHOO 115 (pre-split). I sure wish I knew where we will be in a week from now. At any rate, I intend to try and keep a clear head and positive attitude, and I hope all the wonderful posters here continue to give the excellent insight that they always do. Jean