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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Archie Meeties who wrote (384)6/22/2000 10:13:00 PM
From: AllansAlias  Read Replies (2) of 436258
 
I think this tech mania has a few good years left in it. Depends on how long you think the cycle is I guess.

Nothing goes straight either way. Sounds simple, but armed with this knowledge gives one further nerve to go against the crowd.

Look, I see no immediate collapse coming here, but how many people saw it on 10/06/87. The Dow chart of that 3-4 month period is not that dissimilar from current NDX chart. The date I mention looks like the start of a wave 3 down coming off a secondary top. Hmmm.... who knows.

Could care less if the NASDAQ goes to 10,000.

Cheers --Allan

PS: Yes, SI not allowing inbox reading.
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