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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: Cush who wrote (97)5/22/2000 10:49:00 AM
From: seismic_guru   of 234
 
Cush, I agree with you that we will see a summer rally in tha techs, but I don't think we are going to see NAS 5000 anytime soon, maybe next year. The NAS got to 5000 cause every POS was flying high. I don't think we will see this kind of blind enthusiam for a while, as many people have seen their once "bullet" proof stocks hammered. Also the NAS 5000 was driven by the investors who got into the game late (the greater fools), and are now probally sitting on some pretty hefty losses right now.

SG
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