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


To: westpacific who wrote (95688)4/12/2000 4:42:00 PM
From: hoffy  Read Replies (1) | Respond to of 108040
 
>>Wait till mom and pop get home and look at their accounts!<<<

Most will say "OK, It'll come back, it always does". and do nothing. They don't panic sell and are not on margin.

In a year or two from now this will be just like the other dips, a forgotten phase of the market just like last August through October. I think the only difference is that the smaller BS internet stocks won't be soaring so fast. Stocks like MSTR LNUX RRRR ANCR and almost every biotech stock have seen their highs forever and will never get back. Stocks like SUNW EMC AOL ATML MSFT JDSU WCOM will be the first to rebound and see their highs by the end of the year. IMHO