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 (96737)	4/14/2000 12:20:00 PM
From: westpacific	Read Replies (1) of 108040

Yeah, John and the institution buyers are at the bars watching the NAS tank on CNBC! LOL All the signs were there, no ignoring them - Tuesday was the final indicator. No one could have called it at 5000. After we bounced off 4800 and went back to 5000 we could have easily gone to 5500 or 6000 on momo. After that - we could have bounced again after some selling or short covering. The absolute easy call was that Tuesday. That was the ultimate indicator. All the best - sit on your cash and take a break, get ready to play the relief rally ahead. I still am calling for a 2300 to 2500 bottom due to the rate increase and CPI indicating strong inflation today. It will not bounce off 3000 other than a relief rally IMO.

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