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Strategies & Market Trends
HELP! My stocks have fallen and they can't ge
An SI Board Since August 1998
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Emcee:  EL KABONG!!! Type:  Unmoderated
Am I the only bonehead who has lost a small fortune (at least on paper) over the past few days? I have relatively "safe" stocks, defensive stocks, and some aggressive plays in my portfolio, but it doesn't seem to matter any which way I look.

I had one stock today, a defensive play on the non-volatile AMEX that lost 1/3rd of it's market cap today alone, about another 50% prior to today's losses. And this is a relatively good company, too.

I was looking at Cisco yesterday and wondering if it was a good buy after all of the recent declines. I thought so. But... I procrastinated this morning and didn't buy. Thank God for that procrastination habit... CSCO was down almost 13 points when last I looked.

I do have a lot of INTC, so I did take a blood bath there. But 100% of my mid cap and small cap stocks are down to less than what I paid for them more than 2 years ago. That's two years of paper profits wiped out in one day. ARRRGGHHH!!!!

Let's talk about our feelings... (my apologies to the originator's of that other popular thread)

KJC
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ReplyMessage PreviewFromRecsPosted
31 djane, Thank you for the link. Since I hadn't heard back from the reporterEL KABONG!!!-9/4/1998
30 Wash. Post article. Online Traders' Net Impact on the Increase washingtodjane-9/4/1998
29 Same here, buddy ... I share your pain ... Portfolio vaporized ... Need to doubBald Man from Mars-9/2/1998
28 Dow Jones, I would be a buyer if I hadn't been burned so hard in the smallJohn Lacelle-9/2/1998
27 Skeeter Bug, Recovery is a foregone conclusion, historically speaking. The marEL KABONG!!!-9/2/1998
26 I am a reporter for Dow Jones News Wires. I need some help. I am trying to deteDow Jones Reporter-9/2/1998
25 Kerry, It goes like that sometimes. But you are not alone. Even the greatestJohn Lacelle-9/2/1998
24 >>Now is the time when fortunes will be made or lost, not after the stockSkeeter Bug-9/2/1998
23 Jan, I expect a rally off these levels for about 5-6 weeks, then a retest of GROUND ZERO™-9/1/1998
22 I agree a sense of humor is very important !! I am waiting to see if Tues was aJan Garrity Allen-9/1/1998
21 My friend: You are not alone ... My portfolio pretty much vaporize in front ofBald Man from Mars-9/1/1998
20 Henry, I agree there is always value to be found. Let's all remember, inGROUND ZERO™-9/1/1998
19 Whipsaw, And good luck to you, too. KJCEL KABONG!!!-9/1/1998
18 The market is short term rebounding. Remember is a bear market there is no sucWhipsawMcGraw-9/1/1998
17 Whipsaw, Why? I procrastinated, which is my nature, and I haven't lost a rEL KABONG!!!-9/1/1998
16 Shoot yourself WhipsawMcGraw-9/1/1998
15 Kerry You have to admit RMIL was one of the few stocks whose price didnt fallK A Anderson-9/1/1998
14 I've been thinking of DELL as well. Not as convinced yet on the other two. Henry Volquardsen-9/1/1998
13 Kerry, I suspect this bottom will take a while to be set but already there areHenry Volquardsen-9/1/1998
12 <i>Which came first, the IOM or the RMIL?</i> I believe it was Joe Copia-9/1/1998
11 Joe, Hmmm... IOM??? What about all the nasty signals from RMIL? Which came firEL KABONG!!!-9/1/1998
10 IOM was the first to signal all this madness :) Clue or not to clue, that is Joe Copia-9/1/1998
9 Kasha, Which big names have painted your portfolio red? KJC EL KABONG!!!-9/1/1998
8 Kerry, My feelings about my stocks that have fallen: ^&%##@!@!@!!^&%Mr.Manners-9/1/1998
7 Jon, My favorites right now would include CSCO, INTC, DELL, and most of the quEL KABONG!!!-9/1/1998
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