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Technology Stocks : Mbrane (NASDAQ: MBRN) - An enterprise solution? -- Ignore unavailable to you. Want to Upgrade?


To: shrpblnd who wrote (969)3/29/2000 8:26:00 PM
From: LTK007  Read Replies (1) | Respond to of 1238
 
sb,all i can say,a lot stocks,especially small-cap tech stocks---took a major drubbing today---as i have said before ALL techicals go out the window in a market meltdown,one major reason is far far too many people are using margin(i personally never use margin,except very rarely to load up after a market capitulation collapse) and during a volatile market i always maintain a 50% cash warchest,to have on hand to buy bottoms---fortunately i have followed my rules,and am 50% cash now,but am 6% red on my holdings,and realize it could get worse---btw,from a good deal of the remarks on the YHOO CNTR thread,i suspect a lot of people there are margined heavily---as to why it runs on no news up and down----smart money buys and scared money sells,is my feeling----all you have to do is go to the YHOO thread and see
a lot of not very experienced investors hold this stock--not a good situation.Good Luck,max