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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (102146)	5/2/2000 5:04:00 PM
From: Mike E.	Respond to of 108040

The concern has to be that these days can beget panic days. That's my biggest fear. I don't think it will take as much this time. I'll have more of an opinion later. Excellent, stan, we look forward to it. I had a pretty bad day (knew this morning I should've mostly watched). What I made with CMTN this morning I gave back to EMLX this afternoon (and a little bit more). Not holding much right now. Out for the evening, will check in later tonight. Mike

To: stan s. who wrote (102146)	5/2/2000 5:17:00 PM
From: Mike E.	Read Replies (1) \| Respond to of 108040

I could see the NAZ dipping back down to test the 200 day MA (approx. 3525) on a closing basis. And since we'd be down there anyway, intraday, maybe we fill the "other gap" left with the abandoned baby (wouldn't be abandoned any more! Sorta like Baldie picking up his abandoned baby in Las Vegas...). Mike

To: stan s. who wrote (102146)	5/3/2000 3:57:00 AM
From: SirRealist	Respond to of 108040

Panic? Lessee, ATT met target but lowered future expectations, MSFT woes continue but really, this analysis covers that well: fool.com Not many earnings due Friday, so little to look for for a day or three, Soros closes his fund along with others. And economic reports due Th/Fr (plus Uncle Algae speaks Thurs), so folks wonder if it's 1/4 pt or 1/2 pt interest boost coming. Downside? Yes. Panic? A few. Since I don't play longs, I just sit out 2-3 days and play near 3500. Up, down, maybe 5 weeks. What some call panic, I'll call oppportunity. Patience and timing with objectivity should work better than fear.