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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (22632)12/5/2000 4:32:08 PM
From: herry iball  Respond to of 29382
 
Well slap me silly and call me shirley, but I surely did the same......with everything....I expected a bounce but jeez leweez, not like this.

I sold out of just about everything too early today....that trust thing is going to take a while to rebuild. I don't trust Gore, Greenspam, earnings warnings, world events, hell, even my mother is suspect these days <g>.

I waited for dips, but there were few, and they weren't dippy enough. Then the irrational exuberance got me very leery. And then there's the big gap to fill.

So I waited, and actually went short on some of the extreme high flyers which showed some weakness at the end......although afterhours are showing me I may have made a big boo boo, yogi.

What I find interesting is that hardly anyone on these boards is taking a poke at what may happen tomorrow. Perhaps with a little sleep, people may realize just how excessive this move was today, and will sell into tomorrows (potential) gap.

At some point I reckon there should be a big pullback unless we get the double smack: Gore conceeds, AND the unemployment numbers are over 4.x%.

Perhaps the biggest question is: will the earnings warnings spook the markets, or will they get shrugged off?

And will Kitty marry Carl? Did the aliens REALLY kidnap Charles, and who in the world is boinking Sally in the broom closet? Oh so many questions for such a tiny little brain.

Cheers.
Rap



To: Ken W who wrote (22632)12/5/2000 4:35:51 PM
From: herry iball  Read Replies (1) | Respond to of 29382
 
Apple Warns. Aftr hours buying on my shorts just did a 180 and they're selling like mad. But there are so many more hours of shtinky sthuff yet to happen before the open.

Lately my day goes like this:

YAY!
BOOO!
Horay!
EEEK!
Zowee!
Oh good Lord!
Egads!
Uh........ <--most common, usually followed by Duh.



To: Ken W who wrote (22632)12/5/2000 5:22:35 PM
From: JoeinIowa  Read Replies (2) | Respond to of 29382
 
Ken,

I have another IC manufacturer that you might be interesting in shorting. SMDI. Take a look at their PE for next year. If the market goes down they lead the way. I will be watching them if we get a sudden market reversal.

Joe