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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (16604)4/17/2001 5:52:03 PM
From: American Spirit  Read Replies (1) of 37746
 
Go long and don't be so puzzled. The market has written off 2-3 bad quarters and are looking ahead. You should too. Nobody even cares much about these warnings anymore because they were more than priced-in and consensus realization is we're at the tech bottom now (give or take). There are still some cheapies sitting on the bottom too like LU, PALM, NOVL, WCOM, FON, UIS and more. Buy them if you want to make some profits here. Or go with the leaders. Or stay out. Or do whatever you want. But don't get in the way of the recovery rallies. It will hurt. I'm loaded for bear now right up until May 15 at least. Might even buy more tomorrow on margin if we don't get a 100+ point Naz pop right away. Buy the dips and hold 'em. For 25% minimum average. The bear market is over because it went too far too fast and priced in a longterm major recession/depression which will probably never even happen, or will certainly be over by winter. Go with the flow now. Up, up, UP!
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