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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (79951)	4/21/2000 1:03:00 PM
From: Alias Shrugged	Read Replies (2) \| Respond to of 132070

Hi Mike. Gosh, according to that nice CNBC man who covers the NASDAQ market, we've had 5 or 6 corrections this year (you know, those 10% decline things). Seems like a lot. Sometimes we get 2 a week. That's a lot of corrections. Were there lots of corrections in the market in the olden days of yore? And is it true that volatilty is our friend? And when do we switch from buying dips to selling rallies? At 30% down? 40%? 60%? 90%? Profit From It

To: Knighty Tin who wrote (79951)	4/21/2000 5:31:00 PM
From: PaperChase	Read Replies (1) \| Respond to of 132070

MB, actually I bought Jonny Rotten RTNA at the crash price. Traded it twice, once profitably & once not, for a net gain. See what happens when you buy old economy stocks when wars are a thing of the past? The defense stocks are going nowhere fast. I guess it's much better to buy money losing ANCR with boring sales and a $600+ million market cap. <g> I hope we crash and burn on the nasdaq so I can buy more of the telecom equipment stocks on the cheap. TLAB is the target.