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To: Sir Auric Goldfinger who wrote (23993)4/14/2000 4:30:00 PM
From: Paullie  Respond to of 57584
 
First of all,

You obviously have no idea who you are talking to - where I come from, men with the name of paul are called "paullie."

As I said before, if you have accurate information to share with this group, then we welcome that. Otherwise, please take your comments somewhere else.

Paullie



To: Sir Auric Goldfinger who wrote (23993)4/14/2000 4:41:00 PM
From: ~digs  Respond to of 57584
 
Wanted to reiterate this post of mine:
Message 13427692

On October 8th, 1998... when the COMPX was 15% below its 200dma, the institutions stepped in and created a V bottom (there was almost a near perfect candlestick formation as well).

Watch for the 2975 level early next week (15% less than the current 200dma). I think we might see some big money step in at that time. Obviously this is not very scientific, but it seems very logical to me. Of course, I'm certainly no expert... and will probably not enter anything myself until we have 2-3 days of positive closes... at which time I will wait for a pullback, and then consider entry.

There is no sense in trying to pick the absolute bottom in my mind. We have sold off enough that anything close to the bottom is a good entry point for your favorite tech stock. [If I'm not mistaken this is DelphicOrcl's thinking as well.] Why not wait for the bottom to be clearly established? Much less risky IMO.