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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: YxY who wrote (16086)4/15/2000 11:44:00 PM
From: stock talk  Read Replies (2) | Respond to of 59879
 
From what I'm hearing the pro's aren't ready to step in and buy and there are few retail buyers. This doesn't appear to be a V bottom. I'm 100% in cash and I'm not going to be a buyer of anything at any price on Monday. My plan is to be late to return to the buying party. If you haven't sold your positions most likely it's to late, I'd hold them and not commit new money just yet. I think we are 80%-90% of the way to a bottom, so selling at this point would just be selling close to a bottom. The real question is how long will it take to rebuild confidence and rebuild the markets? I would think it may tend to be months rather than days.