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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (33357)3/14/2001 8:56:21 AM
From: Venkie  Read Replies (1) | Respond to of 65232
 
When ever you reach the end of the road then there is the beginning. Where the end is ugly...the beginning is beautiful.
Good Luck my friend. I am buying this dip



To: Voltaire who wrote (33357)3/14/2001 9:02:26 AM
From: stockman_scott  Respond to of 65232
 
<<This will go down as one of the greatest buying opportunities witnessed by man, especially today..>>

I agree...I am out of dry powder but will stay invested...I'm advising some relatives to put more money to work today...With the overseas markets falling apart the FED should be very concerned....As I have said we now may have a greater than 50% chance that the FED will step in and try to calm the markets --> watch for a surprise rate cut in the next 48 hours...JMHO...

Strap in and enjoy one heck of a ride...=)

Best Regards,

Scott



To: Voltaire who wrote (33357)3/14/2001 9:13:27 AM
From: im a survivor  Read Replies (2) | Respond to of 65232
 
<<This will go down as one of the greatest buying opportunities witnessed by man, especially today..>>

We shall see......my problem is I bought quite a few of the other "greatest buying opportunities witnessed by man", at higher levels ( not cause you said to, cause I also believe to buy low and I, like you, have thought a bottom was set about ten times already), so unless I sell something and take a loss, I can't be doing too much buying......No matter how low we go......this is not a market to be playing with margin, and that is all thats left to spend....and looking back, I am glad I didnt push it a few weeks ago when my margin % was alot lower....the drsatic falling in stock prices has left that margin % alot higher then it used to be...and falling prices will only make it worse......luckily I wasnt too heavily margined and hopefully I can ride out the storm....but buying now is just not practical for me because I already bought and lost my ass on all the other bottoms I thought we had set.

keith