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To: Voltaire who wrote (18262)5/11/2000 11:12:00 AM
From: Gut Trader  Read Replies (3) | Respond to of 35685
 
Voltie, My wife says the best sell indicator is when I run around the house in the buff screamin "I'm king of the world"

GT



To: Voltaire who wrote (18262)5/11/2000 12:19:00 PM
From: Dr. David Gleitman  Respond to of 35685
 
Good morning Voltaire:

It appears that the contrarian mode is the way to go. I can recall the benefit of 2020 hindsight when the NASDAQ hit 5000 and everybody was celebrating, there was a knee jerk sudden sell off right when it hit 5000 and sold off approximately hundred fifty points. The same holds true back in March when all of the talking heads in the media was discussing the new paradigm of the divergence of the new technology NASDAQ stocks vs. the old stocks. Shortly after this "Revelation" was made in the media, the NASDAQ suddenly hit the skids and the-old school stock issues suddenly enjoyed a strong resurgence. Now to try to put these lessons into play later on the future. Although I still believe that it is probably best to hold on to cash and wait for the next October crash (whether it occurs in August as it did last year (I think)) then buy up the store of your favorite technology/Telecom stocks, wait for the Christmas effect then sell out at the end of January then take an eight month cruise away from civilization to return back in the fall and start the whole process over again.

Best regards,

David