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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.230.0%Jan 23 4:00 PM EST

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To: HairBall who wrote (47847)4/24/2000 1:06:00 PM
From: bobby beara  Read Replies (7) of 99985
 
LG, remember all the talk about the next trillion $ company not so long ago and the nasdaq overtaking the dow in a year =g=

i believe the nasdaq bubble top is a degree higher than 1987 and also a degree higher than the nikkei top - since the charts were matching until january, then the nas boomed into 5000 with genome stocks, rambus, etc going 3-500% above 200 dma.

no telling how this will unwind, but i'm still waiting for the "when will the pain end thread" to hit the hot list -g-

so far all i see is more posts that fit in a thread called "i just got sold my kidney got more margin, what a buying opportunity, i am fearful of missing out on the next leg up, i need to get back to even"

-g-
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