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To: Jim Willie CB who wrote (8426)3/21/2000 2:06:00 AM
From: Sully-  Respond to of 35685
 
Thanks Jim. I didn't trade out of any shares, but accumulated a little on the pullback. Your TA was dead on my friend.

I hope the slide is over. I don't know why but I have this feeling there's more to come...... Could be due to my desire to cut the cord & start living that stress free life. As we've discussed in PM's, I am at a point where I should be able to & I want it sooooo bad I can taste it. Maybe my concerns are due to jitters about visiting Mr. Dinky only to return to my desk & find my portfolio returned to levels of yesteryear ........ 'God...... Oh God'.... {exit head first via office window into the bushes ..... oof!} OK, I know I mixed two commercials here, but you know what I mean. I guess it's sort of an, "I'm not worthy", thing.

I am confident in GMGC's long term prospects, so I'm reluctant to give up any shares right now. I have a core holding with an average in the $4's & now have some trading shares for the next run. I took a hit on CREE Fri - ELON, GMGC & QCOM today. I may not have much powder to pick up more GMGC tomorrow - dang!

Thank you once again Free Willie. I am grateful for your excellent econ analysis & your keen TA skills. You are good people ;-)

w2

To sleep, per chance to dream........



To: Jim Willie CB who wrote (8426)3/21/2000 10:11:00 AM
From: Cosmo Daisey  Read Replies (1) | Respond to of 35685
 
Jim,
Stop sell orders at the market are kicking in. These orders get entered "at the market" when the limit is reached. The closest buy is what the order gets filled at. If a SS is entered at 70, when the price hits 70 the "sell at market" is entered but the closest buy order may be at 50 Watching ELON is a good example, when it breaks a whole number it dumps. If the market can clean out these sell orders the recovery will begin. If you want to go fishing, put some low ball buy limits in or watch for the prices to come off the lows and step in. Watching RTQ everything on my screen is off the daily low indicating a turn around is near. Nice to clear out the sells.
cdaisey@lookin-for-bargins.com