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To: James Strauss who wrote (6863)10/17/2000 12:25:42 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, the wheels are coming off again. Played MRVC on the short side today, along with some mini spx contracts.
I really do not like this market, I see things that I would normally buy, and I am passing them up, figuring in a week or so I might get them for 25-50% less. And when I start making more $$ on the short end, that makes me wonder, where do we go from here???

Cash is king.



To: James Strauss who wrote (6863)10/17/2000 6:07:44 PM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
Jim, this is must read for everyone who has ever owned stock. The death of arrogance>>

cbs.marketwatch.com

"Idealism is fine, but as it approaches reality the costs become prohibitive," said William Buckley Jr. Those words might now be applied to the Internet.

IBM hit hard in the after market, CMTN hit by a truck>
cnnfn.cnn.com



To: James Strauss who wrote (6863)10/18/2000 11:05:56 AM
From: ALTERN8  Read Replies (1) | Respond to of 13094
 
Just last week, today, a trader/broker on the NYSE floor said on CNBC that he could never recall when the market ever bottomed on a Wednesday, now just a week later, the market is teaching him a lesson, or maybe the market is teaching everyone who listened to him a lesson. He was continuously replayed on CNBC last Wednesday with his comment.