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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (44976)1/9/2001 12:32:46 PM
From: American Spirit  Read Replies (2) | Respond to of 57584
 
Let me explain my emotion. It's not me on the verge of giving up it's me on the verge of buying more. You misunderstand me. I take shorting mania fever as a clear sign of the bottom, simply because it has gone on too long, too far. My NOK-ERICY example illustrating this. -- PS I just noticed by big dog of last January BEBE (which sunk to 7) now back at 26. And believe me this is not a perfectly growing company. We are in a bottoming process now, esp with all the news out about recession, fear and loathing. Makes us ripe for a pop soon, esp if the Fed gets more aggressive. Also don't be surprised if some of these earnings reports aren't SO bad. Hmmm. You mean the sky is not falling? Also analysts are calling for a big recovery second half of the year. So longterm buyer-holders should be encouraged mightily by that. Shorts are living on borrowed time.