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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (6072)	10/11/2000 6:16:13 AM
From: Bocor	Respond to of 30051

Nice choice on SSTI. I haven't felt so positive about buying stocks since April! There are some real quality companies with huge growth in revenue and earnings that are getting crushed. This will prove to be an excellent opportunity just as in each previous October, and if it isn't, then the world is over as we know it! (ggg) I suspect this bodes poorly for the 2nd tier stocks, since they will not be bought when the sector leaders can be bought for 30-50% of their value only a few months ago, and the true junk will only get sold more as tax loss selling progresses. Each time this selling happens, I try to remember the feeling in the pit of my stomach at the bottom...that feeling of total despair and panic, and then look for it as a signal. It's getting close!