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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: Wolf 2 who wrote (3128)2/22/2001 10:33:39 AM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
Wolf.... I'm beginning to run out of cash. <gg> ... Just when the bargains are starting to show up big time?... that's not like you, Wolf! <G>....... So where's the bottom here?.... My two picks, earlier, were 2100 and 1800, neither of which, I was hopeful, would need be tested. Today's break is starting to give a serious tone to all of this, however. I bought BRCD on the open -- it's a stock I've long wished I owned, but never expected to see in my range. Now I would be content to sith through another 20 percent downside before we get the recovery....
Are you seeing the Naz difficulty as being rather concentrated?.... I keep finding stocks that are no where near their January lows, despite the devastation in the the averages today.... a strange market, to be sure. Not quite a bear market, but who can tell the difference through the pain?>...<G>
tso



To: Wolf 2 who wrote (3128)2/22/2001 10:52:40 AM
From: E. Graphs  Respond to of 4564
 
Wolf,

So far just circling.......thinking the prey might be poisoned. It's going to have to be pretty darn cheap for the risk.

P/E's from 50 to 100+ are silly to hold with no visibility. The semis look reasonable in comparison to most other groups, but they can go lower in a heartbeat if a domino effect were to start taking hold.

E