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Non-Tech : The Critical Investing Workshop

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To: Jenne who wrote (18593)5/13/2000 8:40:00 PM
From: Clappy  Read Replies (2) of 35685
 
Hi Jenne. Thanks again for being the "bear"er of bad news.

You are really good at it.

However, most of us already expect to hear the bad news.
We are used to it by now.

Perhaps it's time for you to go out and seek the positive news, now.

We already see that you are good at finding the bad news.
Let's see if you are multitalented.

The problem I find with the article you posted from Cramer is that:

This market is being compared to another market.

As it's been shown again and again, this past bull market has been much different than all others.

Why should this bear market be the same as past history?

Cramer may be wrong.
That would not be a first.

Let me put on the line what my belief is.
If I'm wrong, than I may just as good a Cramer.

--
5/13/00

Clappy's official Nasdaq guess:

We have seen an incredible run in the market followed by a fast correction which has now been dubbed a bear market.

This bear market will be the quickest bear market in history.

In fact, I'm guessing that this bear turns tail and runs beginning with the end of this month.

The first sign of the turn around will begin after the FOMC meeting next week.

I'm guessing we will begin to run and then down turn later on.

We will then make higher lows and begin shaping the Naz comp chart in a direction that will signal the bulls.
(The houses will help this happen.)

There are too many doom and gloomers floating around right now.
We shall see them all change into the bulls they once were.

The new economy will continue to provide the old economy with the means of becoming more efficient.
If big business must tighten their belt, the new economy companies will help them seek higher revenues or lower costs.

The Nasdaq is paying right now for a wonderful year of running.
If you look at the charts you'll see that it is beginning to catch up with it's earlier (post Y2K) run.

It's the Post Y2K effect that we are seeing now.

It will be short lived.

This is a second chance to lock yourself into your favorite stocks right now.
That is what the houses are doing.

It's the chance of a lifetime.

If I'm wrong, then I'm not as good as Cramer.
If I'm right, I'm better.

Keep your eyes open next week. Let me know if I'm wrong.
(I'm sure you would, anyway.)

The new bull will start by the end of May.
Being new it will run up and down and sideways for a while.
Reguardless, it will be a bull.

Just the honest opinion of a fool.
What's yours?

-OscarMeyers"Bull"ongna

P.S. Balance yourself out by posting some good news once in a while...
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