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

To: Dalin who wrote (28406)	1/5/2001 4:09:37 PM
From: im a survivor	Respond to of 65232

<<If we set some new lows, I'll be buying. I'm done trading....its all LTB&H now.>> Pretty much a ditto here.........eventually we go higher, so I will look at quality if we go much lower. Heck, I'll buy sunw at $24 - $25, even if it drops to $15...because my guess is it may be $15 next month, but in two years it will, or should be significantly higher. I will also look at a little gambling with some beaten down inuts as I stated in my previous post. heck I remember MSGI.....well, first of all, it is no longer an inut company. Pure brick and mortar, with some big name clients. Beaten down from high $90's to under a buck. I almost bought at 7/8 last week, but didnt. It now sits at $2 and could go much higher ( although I have order in for $1 and will not chase it )......point is....many, many stocks trading at $5 and under may be worth buying just as a gamble...... It amazes me to see people that were hyping and in love with something like cmgi, not willing to touch it at $3 or $4. Except for an irrational bubble that got out of hand and burst, why would you love it at $200 and hate it at $4?? Well, actually, I could give you alot of reasons not to buy cmgi or icge, but at current prices, both are worth the gamble, as are several other inuts. I did grab some icge on the cheap and am looking at cmgi if it hits the $3 - $4 range....if not, plenty of others out there. ICGE looked too good to pass up at under 43 last week. if it drops to $ I'll buy a bunch more, if it rise to $10, I'll take half off and a nice 3 or 4 bagger and let the rest ride........I remember alot of folks touting icge at $200....Like I said, I can give you a dozen reasons not to buy, but only one reason is needed to buy. At $2 - $5 what have you got to lose....as I said, My jdsu or rmbs farts and I lose more then that...heck if extr evens opens it eye's 1/32 to the downside, I lose more then 100 shares of one of these beaten down inuts.... Lastly...still think the aol 2003 leaps ofer a great opp. 2 full years away and the premiums are literally dirt cheap. A 3 or 4 month call on extr will cost more then an ITM aol leap two years out......... JMHOOC