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


To: Dealer who wrote (26406)12/20/2000 4:23:26 PM
From: Nick  Read Replies (2) | Respond to of 65232
 
Who keeps on blaming King Greenspan for this crash? Give the man some credit for the expansion we had until not too long ago.

I hate it as well, and wish that he would have come to our rescue. But he ain't coming to our rescue just because we want him to. Meanwhile, the houses can stop their downgrades at or near the bottom. Where were they when CSCO was at 60 or did they just find out that CapEx spending is slowing down.

They means the damn houses who have shoved their crap down our throats(although in retrospect we should have been more careful.)

In conclusion, if you agree with the Houses, that is your choice, but speaking negatively about their actions isn't considered approaching people in a negative way, or is it?



To: Dealer who wrote (26406)12/20/2000 4:32:13 PM
From: im a survivor  Read Replies (2) | Respond to of 65232
 
Dealie.....you still in EXTR ?

If so, sit back and relax....take a deep breath. Think back a month or two...If I had said you could buy extr at $30, you would have loved it. Remember what Tom said about time being your friend. I look at it like this, if your smart enough to actually limit a loss to a small %, your doing great, but at some point you've got to why sell at a 75% loss, I may as well hold on for now..........If you believe as your bro does that all will be fine come May, then relax....get away from the market for a few days. If you feel we are in for long hard times, then maybe sell out as well......Me, I am trying my best to stay positive. I hate what is happening, but there aint a damned thing I can do about it. I am looking at this with a longer time frame in an effort to remain positive. Who knows....maybe this is a drastic mistake on my part by not selling at this level, but I have hopes that the bull will be back......whether it be next week, next month, next year or next decade, he'll be back.....hopefully sooner rather then later.

keith