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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: chic_hearne who wrote (83432)	3/21/2001 12:59:39 PM
From: Poet	Read Replies (1) \| Respond to of 436258

Great rant, Chic. And I agree: there's still far to much finger-pointing, far too little mirror-looking. When I start reading more "Boy have I made a mistake by buying every dip" posts, I'll know we are closer to the bottom. Until then, color me short.

To: chic_hearne who wrote (83432)	3/21/2001 1:07:27 PM
From: Jumper	Read Replies (1) \| Respond to of 436258

Well Done - Nice Manifesto - Have to go - plenty of additional cash prizes up for grabs in the BSG.

To: chic_hearne who wrote (83432)	3/21/2001 1:33:16 PM
From: josh tanner	Respond to of 436258

Sat down with my neighbor family to gorge some of the seasons first mudbugs last week. He told me how his broker pried away 40 grand he had in Treasuries at the top of the rise, to put in sickso and oracle. He was well diversied until pressured to make that move. He is slightly pissed. I donned my red nose and threw money (10% of cash redemption-fido select tech-naz 4180) at sub 3000 and 2100. Pulled all out at 2100. All cash and waiting until people whisper "tech stocks" for fear someone nearby may whack them, to re-enter. May go pinch some tails and suck some heads tonight, made myself hungry. I don't see any fall off a cliff drops soon, just brief short covering rallies into the slow drain of pain. Edit... amazing how the Dow & Naz are running or should I say falling almost tit for tat percentage wise. It's been awhile since a 30 point naz haircut was 1 1/2 percent clip! <g> JT

To: chic_hearne who wrote (83432)	3/21/2001 1:57:27 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 436258

Um, nice rant, too bad you copied it almost paragraph for paragraph from a rant I made last year.

To: chic_hearne who wrote (83432)	3/21/2001 2:48:10 PM
From: GraceZ	Read Replies (1) \| Respond to of 436258

Just keep sight of the fact that if on the upside you could throw a dart at the WSJ and make money long, the same is true now on the downside. You could throw a dart at the WSJ and make money shorting. Both situations are an aberration. If the Clowns still believe in the upside, it is because they had years of training. The last thing you want to do is allow yourself to get "trained" to the downside. Fexibility is the key. When you least expect it the market does what it shouldn't do under reasonable circumstances. Reasons for the market doing this or that are assigned after the fact. Sentiment follows price, not the other way around. When they are telling you why the market does this or that it's like the last line in Casablanca where the policemen turns to his assistant and says, "Round up the usual suspects."

To: chic_hearne who wrote (83432)	3/21/2001 6:59:08 PM
From: Earlie	Read Replies (1) \| Respond to of 436258

Chic: You have posted in superb style, what most on this board know to be true. Well done. Like you, I feel truly sick about what has already happened to the average guy and sicker still with respect to the dismal mess still ahead. Frankly, there really is very little that any of us can do except try to ensure that our families are protected as much as possible and our friends are forwarned (to the extent that they will listen). Best, Earlie