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To: drsvelte who wrote (3756)10/5/1998 7:51:00 PM
From: The Ox  Respond to of 14427
 
Gold market was concerned that the Euro's might sell gold. I got lucky to have dumped on Friday. Will reenter soon.

Added more VTSS today at 18 1/4. Will watch very carefully as downward pressure has been intense. The lemming fund managers don't know a good company when they see one. Prudential reiterated strong buy on VTSS today. BRCM has forward PE over 100 and growth rate about 50%. VTSS has 40% growth rate and a 20 forward PE. Hmmmmm.....

Bond market slapping Greenspan & the Fed in the face over the 1/4 point lowering. Wonder if we'll see the G7 coordinate a rate cut??



To: drsvelte who wrote (3756)10/5/1998 7:59:00 PM
From: SJS  Respond to of 14427
 
Doc,

Don't feel bad. I was told by a professional trader that they're all having a difficult time trading this market. Feed and Greed (more of the former) at over 3 standard deviations from the norm.....

What is getting hard is having to watch this market every second...