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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (38108)	12/15/2000 9:00:34 AM
From: dennis michael patterson	Respond to of 42787

Other than trading a bit, I am loathe to get long here. SHort has worked well for a while, but I thought I'd lighten up on shorting because it looked as if the easy money had been made. I may be wrong about that

To: Terry Whitman who wrote (38108)	12/15/2000 9:06:40 AM
From: Philipp	Read Replies (1) \| Respond to of 42787

Hi Terry: On the anecdotal front: Joe six pack (co-workers proxy) is truly scared now. He was assured that the market would regain it's footing when the election mess was over. That is actually not what I get from my equally non-scientific sampling. I hear thinks like "even if the market falls another 20 % in the short term, it will be up again in a year's time". I am amazed about the relaxed attitude and the long-term horizon of many of these relatively inexperienced investors (but I think that is not a bad thing). How the market reacts to yesterday's Microsoft warnings should be more interesting. The warning was certainly not worse than what was already generally expected, and Oracle did not disappoint either. In a healthy market, the market should quickly recover from an early-morning sell-off, but in this market, who knows? Good trading to all, Phil