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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (13989)4/16/2000 11:32:00 AM
From: Percival 917  Read Replies (1) | Respond to of 35685
 
Morning Jill,

Glad it is peaceful there this AM. If you don't mind me asking, from one mindless flock member to another, do you have any specific plans tomorrow or are you going to wing it? I am curious how many are taking a bit of a wait and see attitude before acting.

I am going to watch a bit and then look at NTAP, JDSU, and Q. May well buy stock and options. I feel Volts has the right idea on how to take advantage of this. Realistically with the blue chip techs(thanks mslawyer) like QCOM, JDSU, NTAP, SUNW and a few others, how much lower can they go? You know they are not going to zero.

The only question would be is if we still sell off some more what will be the bottom? If we buy NTAP tomorrow what's the worse that can happen, it goes to 40 maybe? Also with Q, I have seen 80 as the low point. Could it realistically go lower? I don't know.

My 2 biggest concerns would be (1) buying into a fool's rally and (2) the market languishes at these low levels for a long period of time before resuming any kind of upward trend. How shaken has everyone become before they start gingerly retesting the waters again?

Curious to hear your thoughts on this.

Thanks,

Joel