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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (92829)	4/4/2000 4:27:00 PM
From: yossarian67	Read Replies (1) \| Respond to of 108040

Well I think many of us were wounded a bit, but I'm hoping this was it today......I've never experienced a crash either and that's exaclty what we had. It was wild in a twisted, sick, "this is so bad it's mesmerizing" way. My account at one point was 30% of it's highs, but it never dipped enough to wipe out anything but March's gains..........I hope we all can learn from this experience and anyone of us that have made it through this still standing.....hell, still crawling should know for certain, that they can take the worst and still survive. As for me, after taking a royal beating for the past week, I bought the fark out of the bottom today and made 5 figures in about an hour......time to climb that hill again, swipe profits when they present themselves, and reach that all-time high again......We'll each get there quicker than the Nasdaq will I think:) I will say if we see another 500 point drop tomorrow, I'm going out the window!

To: $Mogul who wrote (92829)	4/4/2000 4:28:00 PM
From: moufassa7	Respond to of 108040

$Mogul, today was thermo-nuclear war nor guerrilla war. The losses of the last two weeks will take time to rebuild. I was to stubborn to take losses and they snowballed a lot more than I thought possible.

To: $Mogul who wrote (92829)	4/4/2000 4:36:00 PM
From: G3	Respond to of 108040

If we can all learn from the past week, it will be worth anything we lost (paper or otherwise)... In some sense, if I had sold at the very top I would have been ahead of where I am but not that far ahead considering taxes... so it's relative I guess... Today I sold LU, TIWI, EXDS, ANDN all for small gains (took my losses Thursday) and purchased more ERICY. I didn't want to sell those today - but figured it was insurance against another big drop. I think we're OK for a while at this level, given that we closed well above 4100, but it behooves us all to be extra wary, extra cautious, and READ READ READ anything and everything to identify those next winners. I would be interested in knowing what newspapers or websites people on the thread read on a regular basis to keep them up-to-date. Here are mine: www.boston.com/globe www.sjmercury.com moneycentral.msn.com www.motleyfool.com www.clearstation.com www.nytimes.com www.wired.com G3

To: $Mogul who wrote (92829)	4/4/2000 5:16:00 PM
From: ciVic	Respond to of 108040

Amen Brother! ciV

To: $Mogul who wrote (92829)	4/4/2000 5:34:00 PM
From: KevinMark	Read Replies (3) \| Respond to of 108040

Brandon...I kept trying to find the bottom. I figured after we hit or last least we get close to 3600...then shorts would begin to cover and fuel a rally. Message 13346890 My only problem of the day was that I sold out to soon after riding many positions up 20 pts!!!!! Can you believe that? I take profits after 20 points and they still run another 20!!!! I have never in my life felt as bad as I did today when I saw the Nas break through 3800. Many of my friends(other than hear) that had long positions got the call today and had to close out of many positions. I spoke to a good friend who lost nearly a mil over the past 2 weeks. I'm still stunned! There are so many people at work today who never had a clue. Imagine the ones who did...sitting at their work station @ IBM and checking the NASDAQ at lunch time to find a drop of 575 pts? A complete and utter joke...fueled by negative sentiment by the media! What's sad is the long term investor is the one getting hammered here. The guy who watches Nasdaq commercials on the weekend pumping up the likes of MSFT, CSCO, ORCL, and INTC, who decides that he/she too will invest in "their" market to better their families future. Then the housewife tunes in to CNBC to check their stocks. What do they find...a bunch of negative anchors looking for a story. They even went as far as placing a name on Today by "dubbing" it "Comeback Tuesday"! All day long they broadcasted negative news until the markets had corrected well over 150pts before they even mentioned it. Unbelievable! There were a ton of people today that got hurt badly. Why? IMHO....it was all due to this BS negative journalism for the last 2 weeks. Did you ever hear them say..."the Nasdaq seems to be bouncing off it's session lows...which is a good sign for long term investors." No you didn't...they persisted on pumping the negative vive for the past 2 weeks by saying the complete opposite such as...."the Nasdaq is bouncing off it's session lows...BUT...and I say again...BUT, many investors out there feel that this bounce off the lows will not continue"! Complete and utter BS...leading the investor down the path of sell at any cost. Therefore producing margin calls on a daily basis, while they continue to poor on the negativity. If anyone has any doubts this wasn't the culprit...then ask yourself this...what would cause a 700pt intraday sell-off in the DOW when it was up 200 points for the day threatening a trading halt!!!!! I'm not saying the markets didn't need to consolidate...but 575 pt intraday drop today and a 1400 pt drop in 7 trading days? Today was completely and utterly ridiculous. Long term investors were forced to sell positions today by their brokerages due to this panicia brought on by CNBC. It all started from Abby's comments...MSFT was only the match that ignited this wildfire. I hope it didn't completely scare everyone away let alone burn them beyond recognition. There will be repercussions in the near future from what transpired today. Allot of people were impacted today as well as the last 2 weeks...just goes to show you what impact the media truly has. KM