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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (36353)10/5/2001 2:24:24 AM
From: GREENLAW4-7   of 37746
 
V, any feel for the employment #'s effect tomorrow? Current rally looks half baked to me w/ massive short covering and institution's adding to the bounce's by putting STUPID buy ratings on stocks like BRCD, QLGC, and EMLX! Did they throw the VALUATION model out the window again or just PUMP and DUMP these stocks prior to the inevitable 5-7 dollar prices????

I believe things are so much worse then prior to Sept 11, that we may be in this bear market for another 2 years at the earliest!

The last time the government Spent and Lowered rates this low we had a Prolonged Secular Bear market that lasted from 1964 to 1982!!

Study the similarities its FREIGHTENINGLY SIMILAR!!!

I hate to say this but I now see 800-1000 level in NASD within next 4 months and I do see a prolonged downward death spiral in DOW to sub 5500 area before all said and done!

Was hoping to ride BTK's and DRUGS but they look to also be rolling over at support levels and ready to retest NEW LOWS!
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