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Date Posted: 18:12:43 01/06/00 Thu
Author: warren
Subject: Patty,have you seen the carnage in after hours?
In reply to: Patty 's message, "Warren, I'm glad you took a small loss" on 17:28:05 01/06/00 Thu

> Better to take a small loss than try to wait it out.
> It's tax time, so I've been getting all my trades in
> order and I noticed how when I first started
> daytrading I was much more cautious, taking small
> losses to avoid big ones. I have to get back to some
> of those habits. There is money to be made right now,
> but I think only in daytrading if you have good tools.
> Now that LU has said they will miss earnings and
> revenues are FLAT!! I think we are going to get
> whacked again tommorrow. I've noticed that there isn't
> much support. The market seems to be saying ''You're
> on your on pals. You took the market up to these
> levels, you deal with it.'' Yikes!! This may not be a
> fun earnings season.

All the investors who jumped into the big cap tech stocks at the beginning of the year are getting crushed.A friend
from Ca has been calling me the last 3 days asking when he
should buy.I keep telling him to call me tomorrow.My
brother and a friend of the family bought QCOM and JDSU
on my recommendation on Monday.At the moment I feel like
crap,but I know both stocks will recover and profit for
many years to come.

Good luck tomorrow.

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