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Strategies & Market Trends : Sharck Soup

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To: Softechie who wrote (30258)	7/8/2001 8:58:08 AM
From: Bid Buster	Read Replies (1) of 37746

i think you'll find COT shows commercials are net short...this last bear rally (and it was a good one) was driven by short covering and company buy backs with a dash of retail chumps thrown in...market bubbles don't bottom with valuations still above historic mean..nor do the bubble leaders recover first in a recovery. sorry to say, but tech will recover LAST in the recovery..when NO ONE wants to buy tech that will signal a bottom for me and i'll start buying.. oh, and softboy..you have picked a few long term winners in telco's...but you have a lot of losers that will be bk in 12 months..i wish you luck.

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