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To: Boplicity who wrote (8606)	8/6/2002 2:04:17 PM
From: im a survivor	Read Replies (1) \| Respond to of 13815

<<, 8000 looks like butter, then 7,500. If we start another 200, >> The market is irrational, but this much is true.....the volatility has created enormous opportunity.......the dow was up 1200 points in a week....retraced half that in I think 2, 3 days tops....DOW down 300 yesterday and up 300 Today so far....naz down 50 yesterday....up 50 today....so far ........I'll bet Horsegirl is having a blast and doing great writing and rebuying CC's on these big moves up and down.....In any event, this is not a market that ANYBODY can call...everybody has an opinion...all the experts could give you 15 different scenarios, and each backed with good substantial data to support their theories....but the bottom line is NOBODY knows squat...nobody knows WHAT number will be the ultimate final bottom on any of the indices, nor how quickly we rebound or when, if ever......however....we over did it to the upside, and think we are in the process of overdoing it to the downside.....lets face it....we arent going to zero, unless the world is in deep, deep crises.....and if it is...it wont matter where your money is more then likely....a pack of smokes may be worth more then a 25lb gold bar after a nuclear holocaust or other such world wide disaster.....so, if we arent going to zero, then I guess the closer each index moves towards zero, the SAFER it is to put your money down. Things could always go down more...but the lower we go, the safer it is to buy, unless you believe in the end of the world scenario........so, what can ya do...play the volatility, while at the same time add on ugly days, your favorites, if you are capable of riding out the storm....if not....and time is of the essence.....I wouldnt bet on the market no matter how low.....why? because although I do believe the markets will eventually recover, I have no idea when....it could be now, next month, 5 years, 10 years....so if I needed the money, it wouldnt be in the market....if I didnt need the money, or had cash to spend with a long time frame in mind.....I would buy the markets all the way down, as far as they go......but thats just one idiots opinion.....everybody must do whats best for themselves.....and personally, although I am content with what I am doing, I realize I could be doing what horsegirl is doing and write and rebuy calls on the big swings....could have veen doing that for a loooooong time, but havent, as I didnt want my stock called away when I bought it at such low prices....hindsight is easy....had I known this is what the market would have done, I would have been smart like HG and played the write/buyback game....those folks are making nice % returns in a very short time...simply for holding stock they plan on holding anyway......good luck to all.....was hoping for another huge down day today and tomorrow and was gonna do some buying.....as it is, I'll wait for the next 2 - 4 day massacre and buy then.......