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


To: HandsOn who wrote (97066)4/14/2000 5:37:00 PM
From: KevinMark  Read Replies (2) | Respond to of 108040
 
I suggest everyone do some serious research this weekend and find stocks that are down that are NOT shortable. I just spoke to a buddy of mine who will have another margin call on Monday am, so there may be some selling at the open, but my advice for next week is to buy what you can after the open sell off and then hang on for a good bounce back. The next support level is 2875 and it's rock solid. Morgage the house if we get to those levels. We will bounce hard and fast. Nothing ever goes straight up, just like nothing ever goes straight down. There is no possible negative data in the world that will keep us from rallying next week. There will be some serious $$$$'s to made going long next week. Remember what I said about the market sentiment. It's amazing what short term memories Americans have. Just last week we were hitting 4500 on Friday and many were jubilent. This week all doom and gloom. Next week...the recovery. I can already read the ticker on CNBC..."THE MARKET RECOVERY"!

Look at CNBC now, already finding the bright side.

KM



To: HandsOn who wrote (97066)4/14/2000 5:51:00 PM
From: Bald Man from Mars  Read Replies (3) | Respond to of 108040
 
down 50% of the 20% equity this week, dude ...

start out with 100K this year, lost 40K thru last week
I have 20K in stocks at the beginning of the week (so it is 20% of the original portfolio) and I lost 50% of it this week, which is another 10K
so 50K of my original 100K is gone, what the fark !!!

some of the farking stocks are
OTGS last Friday 35, now 14 - down 60%
EMLX last Friday 110, now 42 - down 60%
and many others in the 30-50% range