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

To: thesilenttype who wrote (96418)	4/13/2000 5:29:00 PM
From: nolimitz	Respond to of 108040

Actually you have til Monday on that damm tax bill. they aint getting mine one day sooner Pete

To: thesilenttype who wrote (96418)	4/13/2000 5:33:00 PM
From: If only I'd held	Read Replies (2) \| Respond to of 108040

To all.... I am going to speculate that this bloodshed will end by mid-day tomorrow. This may be tax selling coming to a head. I do beleive we will have a small spring rally....won't take us anywhere near our highs, but we should rally. Some stocks will continue to decline...but there will be some fun to be had in the coming weeks I think. Still, if I am right, do not margin yourselves overnight and do not chase anything long. I am thinking of allocating some cash on the dip tomorrow. I will be timid and quick, but I beleive if we get a decent bounce tomorrow afternoon, next week will be tolerable. I will still stop out quick if it's not going my way. I do not think tomorrow will be the day to sell your stocks. if you have had the nerve to hold them this long, then you wouldn't want to get knocked out of them tomorrow only to see them come screaming back next week. I figure we may get as low as 3500, or slightly below that.....then I will be buying. Should be at around 11:00. I truely think we will see some covering tomorrow. This kind of goes against everything everyone has been saying about the earnings season thing and all, so I feel like I am sticking my neck out to the crowd. We have a lot of things coming to a head here.... (1) The margin numbers came out in early March and reflected that we were some 430 billion on margin. The big boys saw that and said...hmmm, just as expected...these greedy little bastards are trying to milk every dime out of their accounts before they have to sell for taxes. Let's fry 'em. (2) You guys are scared shtless right now....that's the way they like you. While you are scared to buy, they are covering and buying. I am not a big beleiver in that kind of mentality normally, but I'm learning. Ok, there is my opinion for tomorrow. You all know what they say....opinions are like asholes, everybody has one...and I just showed you mine.......<gg> Dinner is on the table or I would shoot my mouth off some more. By the way, I could be wrong about all this.