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Biotech / Medical : GUMM - Eliminate the Common Cold
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To: Mike M who wrote (1919)12/20/1999 4:43:00 PM
From: Hank  Read Replies (2) of 5582
 
I honestly don't know if Bill uses the same software or if he even uses any software at all.

In all seriousness though, I think the NASDAQ is getting set up for a hammer job. Just look at the rocket like trajectory off the 200 MA. The last time I saw an angle like that was two years ago before the averages got really wholloped.

Although I have never been too concerned about Y2K, I am beginning to hear some disconcerting rumors from people in the computer field about the dismal state of readiness of most of Europe and almost all of the third world. I don't think there will be many major malfunctions in the USA but if the rest of the world is thrown into chaos, their markets will plunge. I don't think I have to remind you of the negative psychological effects such an event could have on our own markets. I think the safe money is in short positions and cash over the next four weeks. I am still considering increasing my GUMM short position within the next week.
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