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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?

To: Master (Hijacked) who wrote (49)	5/24/2000 11:26:00 PM
From: Mama Bear	Respond to of 494

I can't speak for bobby, but my trading account is less than 1.5% off of its high. You and your friends need to learn how to read a market, and about diversification, IMO. Trees don't grow to the sky. Regards, Barb

To: Master (Hijacked) who wrote (49)	5/25/2000 7:07:00 AM
From: Mark L.	Respond to of 494

What about you? I suppose you have a cash account and as such don't use margin. Are you saying you are not affected by the markets' downturn? How does your portfolio today compare to your portfolio say in March? If your banker asked for your Personal Balance Sheet today in order to negotiate a mortgage for a new home, do you think you stand as good a chance today at securing the loan as opposed to 3 months ago? I think you are under a misperception. The market for value stocks is not down since March. Tech and spec are way down, but investors in stocks chosen because of fundamentals and price are doing fine. For example, look at the Dodge and Cox Fund, DODGX. It is up significantly from its March lows and even up modestly from the March highs.

To: Master (Hijacked) who wrote (49)	5/25/2000 7:36:00 AM
From: bobby beara	Respond to of 494

margin is the very thing that drove the nasdaq to 5000 and is the core reason why tech investors are less wealthy than they were a couple of months ago. heavily leveraged big mo mo players like drunkenmiller. tell me why did tech investors ignore greenspan's rate hikes starting last summer and up until march 00. but all of a sudden now it's all greenspans fault. it has nothing to do with greenspan, leveraged mo mo players drove the market up to far to fast. leveraged money is weak handed money, and when the mo stops, the leveraged mo money has to leave quickly. forget blaming greenspan for not taking profits when you were seeing your portfolio go up big, or worse yet buying on margin parabolic trajectories at the top. quit whining about greenspan and be accountable for your own actions.