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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (1006)	3/31/2000 7:35:00 AM
From: country boy	Read Replies (1) \| Respond to of 4564

Hey Duane: What selling! Question is, have we only just begun to see the extent of it or are we about done---I think the latter. The Naz could be pulled down a couple hundred more, especially if dumping of high flyers continues. Obviously the dumping of high tech/no earnings stocks is creating a selling frenzy where everything tech is getting dumped, many unjustly. I'm still looking for the semi's to lead the way out of this correction by putting up the money in the next 3 weeks; having pulled back so far (and maybe further yet) we could see some real pops on earnings rather than selling on the news---looks like a lot a good news is being taken out of the market right now. Many of the semi's have already pulled back further than I thought. If it continues, I'm looking to load up on ATML at 40 and LSI at 55---but I would be surprised to see those levels. Interestingly, IDTI refused to participate in the selling yesterday at 38 support held like a brick wall. Keep posting, and let me know when we're within 25 points of the bottom of the Naz so I can get in :) cb