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To: RocketMan who wrote (5917)4/3/2000 8:27:00 PM
From: Poet  Respond to of 8096
 
Hi RM,

I'm short the OEX, thinking that that this disparity is temporary. It was wise of you to have gone to cash a wee bit. The carnage is difficult to deal with, yet even my B2B basket (since it's still in its infancy) is small and will be added to tomorrow.

GMST just makes me nervous right now, as do a lot of stocks. Gosh, I hope it goes crazy for you so you can take us all out for a drink.

As a shrink, I'm always interested in market sentiment. That's why I watch CNBC. It's very revealing how they had the most respected Nas bull analysts on this afternoon. This tells me to expect more carnage over the next few days, at least, in the Nasdaq. This correction has been wished for by many many people. It's come and, IMO, will not stay for long, but I'm concerned about the tech traders who are used to seeing three-day corrections in the Nasdaq as mere buying opportunities. This one isn't, I don't think.