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To: Olu Emuleomo who wrote (106717)7/29/2000 11:42:36 AM
From: H James Morris  Respond to of 164684
 
Olu, this is what Daddy thinks
>Investing tip:

Don't fight the tape, advised Brad McLelland, an attorney and options trader from St. Simons Island, Ga. who goes by the online handle "Daddy." He should know. With 12 years of trading experience, he recently became one of the five best stock pickers in an online community of 14,000 investors at StockJungle.com, McLelland cautioned investors against buying stocks when the stock market continues to fall and there's no clear sign that the bottom is in sight. "Momentum is down, so don't buy," he said. Instead, wait for signs that the market is shifting gears - if it goes up on high volume for more than a day, "Daddy" advised. A down market puts a drag on even the best stocks.



To: Olu Emuleomo who wrote (106717)7/29/2000 1:22:11 PM
From: GST  Read Replies (3) | Respond to of 164684
 
Olu: I hope we do hot 3400 and bounce back --but to where? To make new all time highs or just to go back up to 4000 and then turn down again?



To: Olu Emuleomo who wrote (106717)7/29/2000 2:01:36 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
So you're still bullish Olu?



To: Olu Emuleomo who wrote (106717)7/29/2000 3:34:19 PM
From: ftian  Read Replies (1) | Respond to of 164684
 
Olu, don't you think Nasdaq will test the May low?