Forum Archive Index - April 2000

[jesse <johne777@hotmail.com>]

Hi OJ

yeah, I hate it when that happens! I think of it this way. The same
force that knocked US hit all others, and all else being equal, little
guys take longer to recover from a hit.  (I see Nikkei still on the
floor, but hey, they are in a recession!)
I know it's not that simple, many other factors at work.  For instance,
many of the gains today in US were  in big names like INTC, TXN, who
just happen to be reporting now or this week. So, part of the rally
today was into earnings over there?
(Usually US stocks fall immediately after earnings announcement, sell
the news) After hours in US was up strongly so the rally may continue,
but there was a whisper on the wires that Intel will miss earnings
expectations. Gossip maybe, dont act on it.
Nothing you can do though but manage your risk if your a trader. When
you get a record points drop one day followed by a record point rise the
next, you know it is impossible to forecast next move.  my
2cents...Nasdaq will retest lows.
If your long, this is but a blip on the road. And the longer you go
long, the smaller the blip appears in that rear view investment mirror.
Do you trade or long or bit of both?
see ya
jesse


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