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To: Jill who wrote (13730)	4/15/2000 11:52:00 AM
From: Jenne	Respond to of 35685

moneycentral.msn.com

To: Jill who wrote (13730)	4/15/2000 12:01:00 PM
From: im a survivor	Read Replies (1) \| Respond to of 35685

I dont know if ALL the margined folks have been panned out, but certainly alot have been. So yes, we may see some more carnage early in the week, and with it being a short week, it could be tough for all 4 days. However, we have come down far and fast.....we could go lower, but how much lower? Do we hit 2000 on Naz? Maybe, but I tell you what, at 3000 you may have a serious panic, but at the same time, dont fool yourself into thinking people wont be buying, or wont be ready to buy when it looks like a bottom has been hit. I am a typical investor...whacked hard, and harder due to margin. My thoughts are that we have been whacked pretty bad....we may get whacked more....but cmgi at $50....c'mon!! Seriously, that is what I think, and many must think just like me. Hesitant because we dont know what monday and the rest of the month will bring, but excited in a way because there is cmgi staring me in the face at $50. Do I buy at $50, and watch it got to $35 if we continue to tank....maybe, but one year from now do I think cmgi will be at $30, or even $50...or $100, or $200. So, I think many sit like I am pondering.....At this point with everything getting whacked by 2/3, do I want to sell now or hold on and wait for the bottom. I mean $hit, I didn't sell cmgi at $160, or $130, or $110, or $90.....do I really want to sell it now when the most it could go down is from $50 to ZERO? Heck, I just went thru a couple of 50 point drops on cmgi all the way down to $50.....so do I sell now? Do I buy more now or at the bottom ? Anyway, anything can happen, but in the end, quality will win out. I screwed up and didnt sell at 4000 thinking the worst was over...maybe I am screwing up again thinking the worst will be over at 3000, but the bottom line is if I feel these stocks will be higher one year or more from now, I will not sell them now unless I am forced to. I was heavy in margin...as of monday, after a transfer hits my trading account, I will be less then $10k on margin and will not have to worry about being forced to sell, and may even be able to pick up a few bargains at the same time. So, my advice is everybody needs to do what is best for them. Me, I am going to ride this out, then ride the quality stocks back up to some nice profits. Great weekend to all

To: Jill who wrote (13730)	4/15/2000 12:20:00 PM
From: marginmike	Read Replies (3) \| Respond to of 35685

I think the VIX is at a record .41 and put/call ratio and premiums are calling a near bottom. I am not saying that there are not margined people out there. However we had a washout on 2.4 billion shares less then the 2.8 last week. This actually says that the selling has abbated if you can believe it. I think the overshoot yesterday was margin selling by those getting calls and those preparing for them. There was to much indescrimnate selling. The fact that everyone in two days has gone from calling this a mild correction to the signaling of a reccession is very reminiscent of oct 98. The fact that Limitex is repeating himself verbatim is a sure sign. GO look at posts from 16000 on QCOM buy thread and Limitex was freaking out, the same as he is now. There were people calling for reccesion, and a total economic collapse. In todays scenario people are saying the r word again and talking about Bear markets??? What fundimental basis for a bear market are there besides overinflated stock prices? NONE Overinflated stock prices have never caused a Bearmarket. The underlying fundimentals in demographics and economic growth do. In the 20's and 98 it was deflation and in the 70's it wasinflation due to the Vietnam war. where the beef??? There are signs of inflation and deflation as well as tremendous economic prosparity taking hold in the world. Is this the foundation of a bear manrket? NO WAY. Did stock prices get ridiculous and now have come home to roost? Of coarse. Is this a bad thing? No its actually great because it will cool down any inflationary pressure we might have had. We just need to stabilize here and go sideways for 6 months and I predict the last great wave of the bull market until 2006 when the boomers finnish their work. So everyone relax, as the thread bear I was saying this in Oct 98 and now I am saying it again. It aint so bad in the realworld, and its not getting worse. Its a correction, it hurts and it sucks but its almost over.

To: Jill who wrote (13730)	4/15/2000 1:00:00 PM
From: Voltaire	Read Replies (2) \| Respond to of 35685

Hi Jill, yes, that is the only thing I disagree with MM on. I have received about 8 calls this morning from people on an off our thread that have received Margin Calls THIS MORNING. The houses are working over time and I for one believe there will be tremendous selling by the retail sector Monday morning BUT - remember, the Houses will be the beneficiary of this selling to a degree but I am convinced things are being worked out as we speak to mitigate the effect of this selling by the DISCRETIONARY BUYING BY THE HOUSES to hold things in abeyance. I do not give a damn what people think but if you think the FED. The Houses or other governments for that matter are going let the world go into a recession in the mist of the greatest economic period in the history of man, think again. IT AIN'T GOING TO HAPPEN. V P.S. - I firmly believe the reason investors are being called last night and today is so the Houses can measure the buying extent that will be needed to offset such selling and then the Houses can begin the recovery with their inventories built on stability rather than margin. This would not occur if they brought the markets back with a great deal of margin still out there. They would have accomplished nothing.