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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (92325)9/19/2001 8:35:14 PM
From: ild  Read Replies (2) | Respond to of 132070
 
I bought a bunch of tech today. Some for a bounce, some may be for long term. I think that CTLM, LSI, ETS and DITC are values at today's prices. They have cash and will survive. Most likely I'll be selling calls on them. Yes, they can still lose 50%, but I have other shorts which I hope will compensate.
Today was first time when I saw real panic. Almost "no bids" on some stocks. Spreads widened. NYSE and NASDAQ TICKs were over -1200. I guess for somebody, who didn't watch the market today, today was almost non-event because the market recovered.