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To: IKM who wrote (5070)10/29/1997 9:56:00 PM
From: qdog  Respond to of 152472
 
We all do. -:)

As to things at hand. Watchout for a retest of recent lows. There are folks out there that said they are looking at the longterm picture, but it diffently caught peoples attention.

One reason I do business and pay higher commission rates with a big brokerage firm, is exactly what you expierence in a fast market. I didn't waste time during the day, my mind was made up on stock and at the price I thought doable before the market open. My tickets were placed first thing and for the most part I picked up everything or sold the rest of my put's. Don't try to time the market in these type days.

I have a friend that got murder yesterday trying to time and got emotional to boot.
He bought first thing then got paniced towards the end of the first hour and sold. Then he tried to buy back through the Internet when things turn around. Myself, I was at work smiling and having a good day doing that what I do! Met my broker for a beer and he told be the good, bad and ugly of the day. Still, pissed about Dell (fell even further the Tuesday morning) and more than irratated by MSFT (this may get hurt further down the road, actually went lower in 87 after the crash).
But then, you can't get it right all the time......