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


To: Jill who wrote (9971)10/26/2000 3:41:54 PM
From: im a survivor  Respond to of 65232
 
Be glad you werent watching...it got real ugly there for ahwile. I left at 10am feeling pretty good cause most of my stuff was at least a little green. Then got in at 1:30 just when things were really tanking. I almost sold my extr this morning at $71, but since she and the market was green, I didn't. When I got in and saw the carnage, I took one more look at extr's PE, and $60 price, and bailed. Moved the money into NT at $42 and more atml at $13. Now we know a bottom has been set for extr. I officially set it today when i sold at $60....last I looked it was I think back to $68...typical of my luck this year. Hopefully atml and NT dont disappoint me. I just keep thinking that NT was overdone, just like jdsu and if jdsu comes in big today, hopefully NT gets a pop as well. I am still wondering if I am crazy to be buying NT. All you have heard is how NT's numbers killed the market. It was non-stop nortel this and nortel that. 75% of the folks said nortel was dead meat, and 25% said they were oversold and kicking ass. I went with the minority, and bought today at $42 as I said, but still am wondering if I have lost my mind or not.

Keith