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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: BushPilot who wrote (3275)6/12/1998 12:35:00 AM
From: Binder  Read Replies (2) | Respond to of 9440
 
Well, I wasn't really watching the OTC-BB as a whole...only those that I held. And my personal experience was that my OTC stocks either remained constant or gained, while my big boards dove. They recovered quickly, however, and I was able to pick up a couple of good buys.

Personally, I think a larger correction is going to occur, but I try to keep in mind the big picture...today's drop of 159.93 kind of made people notice the market today, however, it amounted to a decrease of .017%. Therefore, if the Dow were to drop 500 points tomorrow, trading would be halted as it was last October, and the media would be in a frenzy, but the overall loss would still only be .056%!

Sure makes those down days a lot easier to get thru when I look at it this way.

:-)
Good Luck

Binder