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To: Robert Rose who wrote (97772)3/29/2000 8:59:00 PM
From: GST  Respond to of 164684
 
Robert: Not true. The market has had moves down in many stocks followed on this thread of fifty percent plus. I buy and sell. People here only buy -- or so they say.



To: Robert Rose who wrote (97772)3/29/2000 9:48:00 PM
From: Danny  Read Replies (1) | Respond to of 164684
 
Rob, I think the DOT.COM especially B2B sector should
reach their relative bottom pretty soon. Another
15-20% in the leadership stocks should do the trick.

At the current level, most leadership stocks have corrected
50% or more, and 2nd 3rd tiers 70% +/-. If you studied
what happenes last year, we had the similar correction
ratio.

The key here is to only buy leadership stocks as they are
the ones that will eventually come back and go much higher,
leaving many dead bodies on the road.

On the other hand, it is less likely for the DOT.COM to
come back quickly. I think the damage is big enough for
the entire sector to consolidate for a few months.

The same thing happened last year, YHOO and CMGI stayed
flat for a good 5-6 months before they skyrocketed again
in Nov.