Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: John F. who wrote (95947)	4/13/2000 2:21:00 AM
From: westpacific	Read Replies (3) of 108040

John F - study charts all night, this meltdown is far from over, what I have seen is outright scary. I track every IPO from the past year and it is nasty, many have fallen off a cliff in just the past two weeks. Look at ONDS as an example - just zero support right now at any price! We are headed for a crash my friend - the new records set just this year in the NAS for lows is enought to make any sweat. Who in there right mind wants to own stock right now - no way in #@$@! 3000 is looking like a high low target as I dig deeper, the next week will tell and may have to lower that to 2300 to 2500, mark these words - it could happen in the next several months time! People seem to forget we were only at 2450 in Aug. of 1999! At best we sould be at 3050 if the market did not go into hyper greed drive and because of the meltdown we will go lower. No doubt about it.

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