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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (12877)	4/19/1999 5:18:00 PM
From: American Spirit	Respond to of 56537

I got hammered today but bought a little on the way down. My last buy was AOL for 118, the only decent buy of the day. forget about today though. It's happened. Look ahead and see what the inevitable is - that there may be a little bit more panic selling in the am, some wild swings then eventually all panic will subside and be forgotten. Those who have made money in cyclicals will start returning to the techs. So will the bond money. Once the buying starts everyone will want in and we could have a 100+ day on the NASDAQ. Certainly DO NOT SELL until then unless you need the cash or want to switch stocks. - for this coming week, BKS still looks like a shining star. Held up well today until the general downdraft blew everything down. Next week should be very good to BKS (and many others).