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To: Rocky510 who wrote (9312)2/10/1999 8:13:00 AM
From: mike machi  Read Replies (2) | Respond to of 37507
 
The Nasq selloff, I see as more seasonal than anything. A post january effect, with investors locking in profits. I look at the fact money will continue to flow into markets, an unlikely preference would be under the mattress or in a bank. A tech rebound is coming, IRA inflows point to new highs in march/april, and at least for me, limited margin $ (inuts) = limited downside risk = no margin calls. The emotional buynow/selloff swings seem to always go overboard (Yesterday Nasq) . A 90+ drop on the Nasq, as bad as it may seem is still like an 8oz mouse in your house. Five years ago a 90 point drop would be like having a 20# river-rat in your kitchen. IMHO

MM