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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: Perry Ganz who wrote (12377)4/6/2001 3:22:21 PM
From: freeus  Respond to of 13572
 
Stock market
"Abandon hope all you who enter here"
(Do you still hold MUR?)

The day before yesterday I shorted four miserable performing stocks, rccc,sepr,cers and vrtx. Yesterday as the markets rose I covered my short at a very small loss. Today in this miserable market those miserable stocks are up more than they were when I covered!!!!!
If I cannot figure our what stocks will collapse by how stinking they are then I cannot short.
And I do not know anymore which companies are making money.
So I give up.
Maybe some time this year the ones I know will survive, ge, msft will reach ridiculous new lows and I'll have the courage to buy them.
Maybe some time this year some of the formerly high growth tech companies will indicate things are getting better and I'll buy them.
Or maybe a S&P 500 index fund.
In any event those millions I once had are obviously gone forever since I'mnot a youngster.
So sad
So very very sad.
Pleasant weekend all.
Freeus



To: Perry Ganz who wrote (12377)4/6/2001 4:11:26 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 13572
 
Dow gave back 3/8 of its gain from yday
Naz gave back between 1/2 and 5/8 of its gain

but Fridays distort the process of reading tea leaves
many techs I checked are lower than Wed levels

alright already, they had a pathetic party
now let's see the indexes head toward where they belong
at least 25-30% lower

I really tend to believe many bigname techstocks will end up in single digits by summer
/ jw