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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (28441)4/14/2000 1:43:00 PM
From: Shoot1st  Respond to of 63513
 
fresca.....can you still buy that stuff?

Oh to be a bottom feeder........

I have only played one stock in the last 2 weeks......scalping INIT

Shootie.theotherwhitemeat



To: Lost1 who wrote (28441)4/14/2000 1:57:00 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 63513
 
Last couple of weeks, investors fled to old economy stocks as a safe haven, only to get wacked today.

That Professor (his name escapes me)on CNCB interviewed last week, said the DOW was 20% over valued.

So maybe all these people who left the NASDAQ to flee to safety of DOW stocks, jumped off the Titanic into the cold waters of the Atlantic.

Oh well.

Still holding my positions, and an prepared to hold for at least a year or two. I like the companies, and they make money.

I remember the gold rush of 1996, spec stocks ran up like the techs did, however when the price of gold and other metals dropped, it made a recovery in the mining sector very hard. So those stocks were stuck in a bear market for almost 3 years, in fact they just started recovering in Jan 2000, only to get wacked again this week.

But gold stocks are not like tech stocks. Tech is here to stay.

BUT but if we show signs of turning back to the old ways of doing business, like they did 20-30 years ago, type writers, rotary phones, etc.... I will be worried <g>