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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (27690)	11/2/1997 8:42:00 PM
From: Constant Reader	Read Replies (1) \| Respond to of 58727

Hi Tom. >>how is the market treating you??<< About as well as I deserve, given the circumstances, I guess. >>As a value investor, is there anything that you like??<< Not yet. (Watch this space for further developments :) >>I was told that on Monday, during the sell-off people were dumping stocks at any price that they could get<< I think that the circuit breakers added impetus to the sell-off rather than slowed in down, and will eventually prove a grave mistake. >>on Tuesday, the very same people were buying stocks at higher prices<< I noticed that. Made a few quick flips and then decided I was just engaging in 100% unadulterated speculation so I stopped. Your decision to go for a hike was the wisest one, IMO. >>Also heard the anecdotal stuff about borrowing on credit cards to buy stocks and all that.<< If that is true of Schwab 500 investors, then we may be in deeper trouble than I think! However, reading the threads this week (not this one in particular), I noticed more than one hypothetical magically transform into "established fact." Thus, I have a great deal of skepticism about what I have heard, and read, this week. I have read your posts on the market in recent days and cannot help but nod in agreement. Being the incredibly poor market timer that I am, we can reliably assume the opposite of what I think, and the DJIA will hit 10,000 in the next week :) Regards, Randy