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To: SecularBull who wrote (6856)3/5/2001 12:30:10 PM
From: ratan lal  Read Replies (1) | Respond to of 10934
 
PS I'm buying at 27-7/8ths too.

Good for you and I sincerely wish you good luck.

I only hope you will share with us teh reason you are buying so we can also consider it. But just saying the price is too low doesnt help since most stocks haev come down in price in a big way. And they continue coming down.

Looks like a lot of sellers and very few buyers.

Doesnt look good till some extraordinary event pushes the rpices up. I thot AG would reduce rates and give the market the impetus to move up. When that didnt happen, the market went into a tailspin again.

I cant envision any other event to turn around the revenue and profits of companies. the rate reduction (hopefully 1% in March)will help the companies by takign the savings straight down to their bottom line and help teh economy on its upward path.

Can you suggest any other event to help the economy and the companies?

BTW my charts show this market is headed down again. I am already invested and holding on.



To: SecularBull who wrote (6856)3/5/2001 8:30:36 PM
From: alanrs  Read Replies (1) | Respond to of 10934
 
Makes sense to me. This has looked good for a few months, most of the time. Hard to pick the bottom. Easier to see the deal at these prices. $15/share one way or the other at this point is probably close enough to the low to walk away substantially ahead 2 years from now. And then there is always the possibility that the economy does better than the gloomy projections. If it goes down from here, buy some more. JMO