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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: sam who wrote (10853)	6/19/2001 1:59:28 PM
From: svliet	Respond to of 19633

LOL You summed up my feelings exactly. We all know they won't stay this low for too long yet .... gg If NASDAQ were at 1700 I'd be loading up the truck yet I can't shake the feeling we need to retest the low or at least retrace more before we're off. I've learned even oversold stocks can get caught in downdrafts and get priced at even more ridiculous amounts

To: sam who wrote (10853)	6/19/2001 2:13:56 PM
From: Tom Hua	Respond to of 19633

Sam, there're stocks that should not be bought regardless of how cheap like XOXO because it stands high chances of turning into 0000. On the other hand there're stocks like CORV and other FO issues that are presenting great opportunities to own. Ask yourself these questions: 1. Is the company facing liquidity problem? 2. Is the balance sheet strong? 3. Is the technology at the forefront of its field? 4. Are management's credentials impressive? 5. Are there reasonable chances that the industry it serves will pick up again? Go through them a couple of times and they should leave no doubt in your investing decision. Forget the short term volatility. In fact take advantage of it. Regards, Tom