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To: DebtBomb who wrote (17770)	9/22/2001 11:57:43 AM
From: Paul A	Read Replies (2) \| Respond to of 208838

IM just using the simple thinking that when you have such an incredibly breathtaking pullback, that eventually (and its obviously difficult to predict when) there will be a sharp rally from short covering and bargain hunters.. I just look at AMD and wonder where it becomes a good buy.. at 9? or 5? If you have faith in the company like I do, buying right now for long term is definately not all that risky.. but then I can agree with you when you look at MSFT which still could get cut in half and be over priced- but I doubt youll ever see it.. In fact, I dont think youll ever see a day where you can look at the entire market as and say wow- finally everything is no longer over priced, no premiums, and its a great time to buy.. I dont try to figure these things out.. I just set stops, make a decision based on what I think will happen in the next 1-3 weeks and pray alot : ) but I gave up trying to argue about valuations when we started taking off to the moon a few years ago. I guess what id REALLY love to know is- when we finally reach a point where the general feeling is everything is 'priced in', what stocks will move up faster then the rest? will it be the ciscos or the intels? or will it be the AMD underdog plays? Frickn RBAK is killing me.. Alot of my trading gains are being donated to keep this crap position alive.. I still think they will get taken out real soon for at least double where its trading now but how long can I hold out damnit!

To: DebtBomb who wrote (17770)	9/22/2001 1:55:57 PM
From: SirRealist	Read Replies (1) \| Respond to of 208838

We'll have to see what Monday brings. IMO, if there was ever a time to play caboose, this is it. It's odd. Even before the attacks, I'd advised close friends that 9/15-10/1 would be frightening on the markets. All year, I've thought this can't be over till the Dow corrects too. The econ report Tuesday (consumer confidence) and window dressing Friday will be very interesting. Fear of the falling market is profound and panic is a possibility, which could dump NASDy down to the 750 area; which I charted long ago as an extreme possibility. I'd remind that another probability exists. Most funds, institutions and wealthy individuals in the world can exist only if the US stock market survives and rebounds. They watch each other like poker players; they know when the pot is right the hands will be displayed. Their 'buy' hands are getting itchy... a little more overcorrection should be all it takes to trigger things back to confidence.