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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST

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To: Jacob Snyder who wrote (36480)1/3/2000 4:09:00 PM
From: Lee Lichterman III  Read Replies (5) of 99985
 
Came home early from work just in time to see the closing ramp up. This is amazing!!!!!

If there is indeed a God, then we need to have a crash tomorrow to clean these manic speculators clocks out. Every one of my 78 stocks on my watch list are down as are the bonds making a new low HOWEVER the most speculative non earnings companies like the internets, hugely over valued start up semi conductor companies and B2B companies are up 10-25%!!!!

PLease Plaese lord hear my prayer and send a lightning bolt onto the roofs of these companies and let them fall 90% over night to teach this market that fundamentals do count. UFB!!!!!

I am just sitting here frozen unable to do anything as I watch any company with a future getting hit hard with good reason due to the collapsing dollar and bonds, yet I watch the mania continue on the EBAYs, CMGIs, etc.

No stinking fear at all. NASDAQ closing up 60 points on the most speculative issues only. Greenspan, go get your nads back from whoever stole them and do a no notice rate hike and send the printing presses to the scrap yard and get some sensability back top this market.

Pardon me for venting but this is totally Outrageous. Of course in this day where Clinton gets off scott free and OJ walks, why shoudl I expect anything else.

Good Luck, we will need it.

Lee
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