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


To: Voltaire who wrote (26248)12/20/2000 11:45:56 AM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
<<I have never ben more confident going forward.>>

Ahh,,,,the ever loving optimist <ggg>

Vster, I must believe that if you really were broke and living on a grate out in the cold, you would still be optimistic....must be all those damned vitamins <ggg>

I hear ya pal....well, I look at it like this. I wish I sold at 5000 but didnt, I wished I sold at 4200 but didnt, I wished i had sold at 3500, but didnt, I wished I'd sold at 3800 but didnt.......wow, I could go on.....all the way to 2500 but dont feel like typing that much <ggg>,,,,,anyway, here we are at the lowest level in quite a long long time. If I didnt sell before, I aint going to now. Will I regret this later as I have done every time so far? maybe, maybe not......but at this point, I just am not going to sell....if they bring naz to 1000, there aint much i can do except sit and watch. It's an ugly market....it may stay ugly for awhile....but sometime, eventually, hopefully, maybe, possibly, doubtfully, we come back and move higher.

because of margin and already huge losses, I can't be buying much, but I do have a few orders in......may rmbs 75's for $2 and march jdsu 110's for 1/4....I already own both......I dont expect jdsu to get back to $110 so quickly, but do feel it should hopefully pop at least a little and let me grab just a teensy profit, but then again, maybe jdsu keeps going into the toilet......at this point it's all a gamble, no matter what you buy.....but as I said, i didnt sell earlier so why sell now. If we go lower, we go lower.......I can't help but to think that 5 years from now we will be higher...am I crazy to think that?!

Keith



To: Voltaire who wrote (26248)12/20/2000 12:24:40 PM
From: stockman_scott  Respond to of 65232
 
Greenspan is acting too late, IMO....

What is the REAL advantage to waiting on the rate cuts that he KNOWS the economy needs? Hmmm....there aren't many good answers and some of the top economists are starting to question Greenspan's judgement. I wish Greenspan had to get Congressional approval EVERY TIME he wanted to raise rates in the last year...lol.

Oh well, we'll just have to ride this storm out...=)

Best Regards,

Scott