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To: Olu Emuleomo who wrote (56909)5/16/1999 10:49:00 AM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
Olu,

>> Now staring at the chart with a cool head, I think this was a stupid impulse buy. We may go as low as 100.
<<

Or lower.

I am a gloom and doom sort of person when it comes to the stock market. I have about 30% cash now and will sell into rallies and buy only at deep discount. Like orcl at 23.

Last year I was over 100% invested as we went into the tech crash in May. I had a lot of gains, and lost them all and lost all the previous year's gains also. I just now recovered from all that. So now I don't want to repeat that mistake. I want to see where the inflation scare will take us before buying.



To: Olu Emuleomo who wrote (56909)5/16/1999 11:28:00 AM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Now staring at the chart with a cool head, I think this was a stupid
impulse buy.
We may go as low as 100.<<
I'm in full agreement with this unless your holding long term then i would say a good choice of a stock to hold. But Sarmad doesn't seem like the type too buy and hold a stock for more than a few hours.


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