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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (656)11/14/2000 8:49:21 AM
From: Mad2  Read Replies (1) | Respond to of 74559
 
Very telling
He says his portfolio has
plummeted from a high of $700,000 at the end
of February to about $70,000 today. He plans to cash in about half of his
portfolio and use the proceeds toward a down payment on a house. "Land
values in the Seattle area are apt to appreciate more ... than a dot com
company in the near term," Mr. Kirk adds.

Most quoted in this article believe we are in a bear market......Hmmmmm......MO is almost double since Feb/March.....JILL (was going to die at the hands of e-retailers) is up 3.5X since last spring.
Mad2
Interesting how when a sector falls out of favor some see it as a bear market.



To: EL KABONG!!! who wrote (656)11/14/2000 9:04:26 PM
From: Knyyt  Read Replies (3) | Respond to of 74559
 
>>>>>He says his portfolio has plummeted from a high of $700,000 at the end of February to about $70,000 today

What kinda idiot lets his trading account fall by 90%???!!!! Maybe he was confused and didnt see the arrows pointing DOWN?

Regards,
Knyyt