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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (5003)	1/28/2000 9:09:00 PM
From: re3	Read Replies (2) \| Respond to of 42523

every post from the vee man's front veranda belongs on the links. Message 12716673 'that parabolic run up in q might be my undoing'... ho ho maybe my qcom post split mar 35 poots might work out yet !

To: pater tenebrarum who wrote (5003)	1/28/2000 9:33:00 PM
From: Lucretius	Read Replies (3) \| Respond to of 42523

everybody has to read this.... LOL!! they don't have a CLUE!!! Regardless, we're "setting up for a fantastic buying opportunity in equities," Heekin said, predicting a sharp "snapback rally" in the coming days. "I just think we've gotten pretty oversold, the trader said. "You can't get frightened and let these intraday violations [of support levels] cause you to lose conviction about the market in general." --------------------- "I love this market because it looks like Armageddon [and] this inverted yield curve and the bond market's reaction has everybody so spooked, so baffled," said Scott Bleier, chief investment strategist at Prime Charter. "The stock market is finally getting a little bit of a correction [and] we have a little more to go down." Like many, Bleier said the correction in tech stocks is overdue but suggested it will set up "another buying opportunity" when the Comp reaches about 3750 and the Nasdaq 100 hits about 3200; he sees similar support for the Dow around 10,600. "This volatile market with years' worth of gains coming in days is not over yet," he said. "At some point we need to consolidate these gains, and what gains we had. [But] it's not over until all the Baby Boomers start retiring." thestreet.com

To: pater tenebrarum who wrote (5003)	1/29/2000 10:46:00 AM
From: Oblomov	Read Replies (1) \| Respond to of 42523

Update on my clown friend: Before the AOL/TWX merger, he did in fact use margin to buy more AOL. Once the merger was announced, I could not convince him that AOL would be dead money for a while, and that he should sell. Neither could I convince him to sell some of his AOL and buy TWX with the proceeds. He would have none of this and told me that he was sticking with AOL, no matter what. him: "In fact, stocks are looking cheap now," me: "So are you buying anything here?" him: "I might buy more AOL" me: "I thought you were using margin as it is - what money do you have left?" him: "I have some margin still available...." And so it goes. This conversation was quite enlightening for me. His displays of bullish exuberance have been excellent contrary indicators in the past.