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To: Zeev Hed who wrote (40078)4/17/2000 8:58:00 AM
From: blake_paterson  Read Replies (2) | Respond to of 93625
 
Zeev:

From Quote.com:

<<Bottoms aren't formed on Fridays; at least that's what they say on CNBC, which means even with the little rebound in the last ten minutes of trading we are going to be right back down at today's lows Monday morning. Good news though, bottoms can be formed on Mondays and Tuesdays. So if you don't panic over the weekend and join the sell-off Monday morning things could be okay. The only problem is that the market needs you to panic. The decline of the last couple of weeks has been based on the fact that no one is buying, not that everyone is trying to sell. Investors have been holding on to a belief that the market is going to rebound just like it always does, so they have been hanging on to a good portion to their positions waiting for the bottom. But since everyone has as much stock as they want to carry there are no buyers to push stocks higher. So Monday morning the market needs you to lighten your portfolio and raise cash so that when you do see a bottom you can jump back in and start building those positions all over again.>>

LOL

BP