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To: Dealer who wrote (8648)1/9/2001 12:05:57 AM
From: Boplicity  Read Replies (3) | Respond to of 13572
 
Well if we are in the market for the long haul, missing a few points will be nothing. My big fear is by missing the few points you miss it all. Damn near get a whole years worth of gains in one day now a days. It's maddening for me, I feel ill-equipped to time it correctly. If you think about it some, with the drop being so fast, which is obvious by the steep slope of the charts, one can easily see that many people are still on pins and needles, ready to sell as they start to recover causing the same old same old. So waiting for base, unless of course you are playing the swings, seems to be the wise thing to do now. I just can't see a V bottom happen with that overhead supply being so large. We will not based till the buying and selling potentials are match and weak hands are done selling off. I hope it takes months, sooner it begins the better. Might be wishful thinking on my part.

The one stock I have been following very close is NTAP. I believe it's at critical juncture. If the general market doesn't recover or some unforeseen positive news doesn't comes out, I think NTAP has a better chance to fail and move in the 30's to establish a new low to base off of.