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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (1542)	3/13/2001 8:08:19 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 23153

Sorry my intent was not to get everyone to sell everything. I was actually buying. Just trying to remind people that these stocks are not necessarily bargins here, PE's mean very little if conditions are deteriorating, and this is probably not a lasting bottom for the techs. Although the VIX, Put/Calls ratios and up/down volume all were calling for a ST bottom on monday. Besides we've bounced off every "K" marker so far (4000, 3000 etc). Could see a rally from here prior to earnings reports and into the Fed rate cut, but then I think it's sell on the news as most it will be negative again. It really depends on Japan and also whether or not the US malaise spreads to the rest of the world. If more tech co's start talking about a global slowdown then get the h*ll out of everything. So far it's been spotty and very infrequent. Currently the Nadsaq and the analysts are not even considering this possibility. Other than tax selling this fall, this is my biggest concern as there will be no speedy recovery if that happens. On the plus side, the inventory correction is over halfway done imho. I'm also suspicious of the semi's bottoming so soon.

To: Second_Titan who wrote (1542)	3/13/2001 8:31:44 PM
From: excardog	Respond to of 23153

007 Take no shame in booking profits in this market. I too rang the register on 1/2 portfolio last Thursday. One day too soon but what the heck. Don't trade OEI since she bit me twice last year same with UCL. Thinking of strapping on VPI tomorrow for a trade. Try to enter under $20. I'll chase her down if need be. Like the liquidity plus she was kind to me last year. It has such a tight trading range of late I've been working on an options income play a little bit. Haven't tried it yet but I might. Depends which issue gets put on sale tomorrow due to the big API's. Best of luck