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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (2543)10/26/2000 11:26:18 AM
From: Y2k_fan  Read Replies (1) | Respond to of 19633
 
A true bear market is coming
when people keep on looking for bottom;
buy on the dips and take loss later on.
or buy on the dips and take quick profits.

The bottom won't be found until all the margins are
cleared and fundamentals catch up.
And we all know that those stocks are overvalued and
lack fundamentals.

At this time, the American margin debt
is about the same when Nasdaq was at 5200.

I could not see any sustainable rally from here.



To: Tom Hua who wrote (2543)10/26/2000 11:33:44 AM
From: thegreatkazoo  Read Replies (1) | Respond to of 19633
 
Bot CATS @6 9/16.

Put the limit in early, never thought I would see it. NICE.

Good Luck today, it looks like it could get bumpy this afternoon. Storage sector getting hit, and appears to be the last area in the tech sector to get dinged so this could spell some intermediate relief.

Kazoo



To: Tom Hua who wrote (2543)10/26/2000 11:34:07 AM
From: rogermci®  Read Replies (1) | Respond to of 19633
 
Tom...my limit sell order on EXTR didn't fill at 72. What a ride, I might have to average down.

roger



To: Tom Hua who wrote (2543)10/26/2000 9:05:09 PM
From: Paul A  Respond to of 19633
 
wow- great buy on CIEN..

I stopped out on AMZN.. only a quick trade since everyone in the world is short the stock, and that spells trouble.. I did see SNDK and SSTI getting some buyers, and couldnt understand why CATS Was just sitting.. so I bought a nice position at 6 5/8.. im being real cautious tho..