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To: billwot who wrote (22723)2/10/1999 12:47:00 AM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
billwot. Well, my banks let me down also despite an earlier up move. I can't believe it. I actually had 3 stocks up: PCCC, PBI and EDS. It was like a drop in the bucket.

AOL under 150 looks good to me also. I bought my last 100 shares last week at 149. I heard talk that it could still go lower. I don't know why. I put an article on earlier and there was lots of good news out on AOL and it will split on the 22nd. It's very seldom that a stock keeps going down just before a split but who knows with those talking heads out there.

BTW. I saw Mr. McCabe from MER on Moneyline? when I got home tonight. I had taped the business shows. Those guys preach their predictions every day now and to anybody that is willing to listen. He said that the market has to correct more. But after everybody has sold, he actually said that after the market has corrected, the market should be on a 2 year up move again. Isn't that wonderful? He only calls for a 15 to 20% correction from prev.highs. I guess this game will never stop. Only solution: We will have to start trading a bit more.

I had a very long day. I'd better make this my last post until tomorrow.

Gave the Globex a peek. All red but not too bad. And the Asian markets are down some. Of course tomorrow it will be said that Asia was down and that will be the reason if it sells off some more here. I heard that could happen in the morning but may then recover after midday. Whatever will be, will be.... We have to give Frank some nerve calmers until this sell off is over. But he is right to agree with me. The SEC should investigate those analysts. And I agree with him on his nteresting thought to get our losses back from those guys when they downgrade the market for no good reasons. I am going to start keeping track of those guys comments.

Sonny



To: billwot who wrote (22723)2/10/1999 1:12:00 AM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
billwot. Reneged on going to bed. I decided to check the news. Interesting article, we knew this already, but I wonder if all those doomsday analysts can read. This should confirm my earlier reason that those analysts should be held responsible for fear mongering when there is no obvious reason. Some have actually stated inflation, possible higher interest rates etc. It could happen one day but excuse me, anything could happen one day.

dailynews.yahoo.com

I am def. off.

Sonny