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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (91510)	4/4/2000 1:18:00 PM
From: Clang	Read Replies (1) \| Respond to of 120523

Jenna, it isn't just the brokerages that are to blame. The combination of greed and carelessness that people like me exhibited (hindsight is always 10/20) brought us just what we deserved. I certainly believed that a situation like this could occur, but never thought it would happen without some real bad news as a catalyst. I did not take this drop anywhere near seriously enough, tried to catch a few knives and reenter what I thought were solid stocks after being stopped out, and basically did everything wrong (except exit MOGN and KLAC this AM witha few bucks) I was sure we would rebound long ago, but I was wrong. I thought I had learned my lesson in 1997 and 1998, but obviously I hadn't. I hate to give it all to the taxman, but from now on everything I own will have a stop-loss on it. Hopefully it will only take months and not years to recover from my mistakes.

To: Jenna who wrote (91510)	4/4/2000 1:18:00 PM
From: Jenna	Respond to of 120523

Long Puts on April PG 60's.

To: Jenna who wrote (91510)	4/4/2000 1:20:00 PM
From: Andrew G.	Read Replies (1) \| Respond to of 120523

Jenna: It's conditioning. Last several pullbacks had nice rebounds. We are not witnessing any rebound here over many down trading sessions. It started with the biotech collapse a couple of weeks ago and has spilled into every other sector and eventually into Dow stocks. Looming higher interest rates will not help any attempt to fuel a sustainable rally. It's really hard to look at any stock that moved from $50/sh to $200/sh and now is shot down to $70-90/sh range. Is it a bargain or does it have further to fall ? Who wants to be the guinea pig and be first to buy it ?