Puff Daddy's Mo' Money Mo' Problems Message Board

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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems

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To: mph who wrote (807)	4/12/2000 11:13:00 PM
From: SouthFloridaGuy	Read Replies (1) of 896

The whole problem with your thesis is that the underlying assumption is incorrect: <<After what's been going on in the market since mid- March, it is also not difficult to predict further decline. I appreciate the fact that you are doing that now, and that part of your analysis is not too horribly late.>> I have ample EVIDENCE from this thread and a few others, that many people think the bottom is around 3650 on the Nasdaq. You can go to Kimberly's thread or scroll back to my little contest in predicting where Nasdaq will be in 45 days, where only one other person (nolimitz) agrees with me on where Nasdaq will be. Thus your assumption, "that it's not too difficult to guess where the market is going," is an incorrect one. Go to any thread (ORCL, CSCO, SUNW) and tell them the stocks will be worth 50% less in 2 months. You'll be laughed off. Apparently not too many people know... Did I pick the top, hell no, nobody did. This is the fastest market decline I have ever seen. Can I save people from losing everything? If they listen to me, sure. Problem is, nobody cares to listen to Mr. Livingston.

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