bobby beara,Re:" this 'bear' thread is on life support ".Possibly.Orÿ
possibly not.
As a new comer I would like to help in the resuscitation effort.
This is strictly an Artificial Life Supportÿ ( ALS )Ambulance type of deal.
Meaning after this post I may be gone ( to other pastures or " runs "ÿ ).
However I hope this helps you for a while until you get fully resuscitated in theÿ
Intensive Care Federal Reserveÿ Unit ( I assume they have one ).
This is from yesterday's edition of the WSJ, the Money and Investing section,
which I thought should be a cut , file and save for future reference,
interactive.wsj.com;
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Concludes Mr. Voss, "A lot of investing, at least theÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ technology investing, has turned from fundamentalÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ analysis into mainly game theory: you make money byÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ being able to sell to somebody at a higher price, and that'sÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ all."
ÿÿÿÿÿÿÿÿÿÿÿÿÿ "It's a new world order," says Robert Froehlich, viceÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ chairman and chief investment strategist at Kemper Funds.ÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ He says investors should own Cisco Systems, Motorolaÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ and Intel at any price and not worry about the valuation.
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ "We see people discard all the right companies with theÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ right people with the right vision because their stock priceÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ is too high -- that's the worst mistake an investor canÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ make. The people who have missed the bull market areÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ the people who are on the sidelines trying to figure outÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ how to value these things as opposed to getting into theÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ market."ÿ
ÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ <><><>
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Those with long memoriesÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ remember similar talk in 1972 aboutÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ the so-called Nifty Fiftyÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ "one-decision" stocks -- essentialÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ investments at any price. They collapsed in the 1973-74ÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ bear market. Talk of new eras has prevailed at the heightÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ of most speculative booms, whether the 1920s in the U.S.ÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ or the 1980s in Japan. When bear markets hit, notes Fredÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Hickey, editor of the High Tech Strategist newsletter, techÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ stocks are hit hardest. From 1929 to 1932, Radio Corp. ofÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ America (RCA) fell 98%; from 1969 to 1970, 10 leadingÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ computer stocks including International Businessÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Machines and Sperry Rand fell 80% on average. At theirÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ 1974 lows, Honeywell had fallen 90% from its peak,ÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ NCR 85%, and Control Data 95%. Even in theÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ much-milder 1990 bear market, Mr. Hickey notes, in theÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ space of 12 weeks Intel fell 46%, Compaq Computerÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿ 48% and Oracle 76%.
Cheers,
TA
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you said,
ÿÿ
To: Benkea who wrote (37624)
ÿÿÿÿ From: bobby beara
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Tuesday, Jan 18, 2000 ÿ10:47 PM ET
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Respond to Post # 37625 of 37634ÿ
ÿÿÿÿ Benkea, i'll have too add to that, arch crawford went bullish last week -g-, but he did waver today.
ÿÿÿÿ and another add, the ndx is sitting on an inverted H&S pattern that needs this msft news to break it to bring the nasdaq to the 4500
ÿÿÿÿ area, a failure to bring the futures back alive on the open, will mean to me a failed pattern.
ÿÿÿÿ another add, this 'bear' thread is on life support, the qthread to mdd thread posting differential divergence is as extreme as i've
ÿÿÿÿ seen it -g-
ÿÿÿÿ b |
