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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Cactus Jack who wrote (7258)10/11/2000 12:02:01 PM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
Well, I kind of agree....I think we are near a bottom, that is why I havent sold. What really sucks is this year, every single move I have made has been a disaster. A few weeks ago I really thought naz would tumble...3000 or below. Even stated it a few times on the thread. Well, I didnt do a damned thing for 2 reasons. 1)I was already so beaten up, I figured how much worse could it get 2) I have been wrong on everything I have done, so the minute I sell, is the minute the market turns around.

So I did nothing and here we are getting slapped hard. Then, a week or so ago, the naz was looking very ugly, but both Qcom and Rmbs looked solid, and even ssti and jdsu were holing their own to some degree. Well, I told myself "you watch keith, rmbs and qcom are gonna get hit hard...be smart, unload all shares and calls and buy them bac later"....well again, everything I do seems to be wrong, and with the naz down and rmbs and qcom looking strong...the feedback on the threads very positive and etc, etc, ...I figured why sell the only crao thats holding up my portfolio. Well Rmbs goes on to collapse from like $85 to $60 in a freakin blink of an eye, and qcom, suddenly looks like it wants to be the old qcom again and flounder around with lots of FUD all over it.

I just can't seem to win for losing....but as of now, I am standing pat. I am not selling, although, many will call me a fool. At this point, they are going to just have to bring this naz down far enough to where I am broke and then they can pry the worthless certificates from by dead and broke body.

Keith@unbelievablehowfarIhavefallensincebeginningoftheyear.com