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To: Sig who wrote (11056)8/1/2003 10:44:59 AM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<<<<I was up like $8k on the day earlier and now it is about $600 at the close. Pretty big differance>>
Have you no pity on the bears? They had a bad morning and then never got even.
I get locked onto the computer on days like this
But with NFI down today I will lose a few hundred .
But I like the action, it shows people are trying and willing to invest, money looking for a home, just still a bit leery and sensitive.
Lots of action in the Dow stocks so they appear to be looking for something solid, and less speculative than the ones we are dealing with . Thats temporary, as soon as the techs move again they will be right back buying them .
Sig
>>

Screw the bears. THey had their day in the sun. I wish they would go back to hibernating <ggg>

That seems to be the market these days. Either we open down, and stay down, or we stay nice and green most of the day, until a BIG last hour sell off.

That tells me it is going to be hard to lift this market higher. Hope I am wrong.

As for DOW vs NAZ stocks. Sure, techs may run harder, since they got whacked harder. Works both ways. I used to be 100% tech. Wouldn't even consider non tech companies. But I learned it is best to diversify and it has worked at well so far. Did some homework, bought some good solid blue chip non tech stocks that will still be here 20 years from now ( barring some major world event). They may not be sexy, but they are steady. Dont go up as much on BIG days, but dont go down as much on bad days. And a few I have are giving me "tech like" gains.

I'm still heavy on tech, but am glad I diversified and bought some of the companies I did.