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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (105578)4/14/2000 3:19:00 PM
From: 5dave22  Respond to of 1573921
 
Scumbria <Two weeks from now we will all be laughing about this. I think it is pretty funny watching people throw their money away by selling in the middle of a mindless lemming march.>

AGREED. I'm trying to figure out how to get every ounce of cash together to dump into techs. But it's still strange to see your portfolio dive. Great buying opps.

Dave



To: Scumbria who wrote (105578)4/14/2000 3:21:00 PM
From: SteveC  Read Replies (2) | Respond to of 1573921
 
I hope you're right. It does seem the "conventional wisdom" on the market changes every two weeks. I unloaded most of position in AMD at 69 1/4 today. No stock is an island onto itself and the overall market is so ugly right now. I've done quite well with AMD thanks to your assistance and others on this thread. I'm also in a different situation than probably many others, I want to buy a house this year. I actually might be able to buy one for cash thanks to AMD (and generous help from Forte -- a software company bought out by Sun last year). I guess there is a silver lining in NASDAQs fall, the bubble in the Bay Area housing market is about to burst.



To: Scumbria who wrote (105578)4/14/2000 3:21:00 PM
From: tejek  Respond to of 1573921
 
Two weeks from now we will all be laughing about this. I think it is pretty funny watching people throw their money away by selling in the middle of a mindless lemming march.

Scumbria,

That's the irony of all of this; economic conditions are extremely favorable, making this sell off way overdone. CNBC just reported that during the NAZ sell off this week, there has been a loss of 2 trillion dollars. Last year the market gained 1.7 trillion.

This is not a haircut...its a bloody shave!!

ted



To: Scumbria who wrote (105578)4/14/2000 3:28:00 PM
From: Kenith Lee  Read Replies (1) | Respond to of 1573921
 
Two weeks from now we will all be laughing about this. I think it is pretty funny watching people throw their money away by selling in the middle of a mindless lemming march.

Some people have no choice due to margin calls. There will be more on Monday.