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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: Carl R. who wrote (2673)9/27/2000 11:15:26 AM
From: Carl R.  Read Replies (1) of 2908
 
So far the DOT index is continuing to behave much as the Biotech index did back in the early 90's after the Biotech crash. The graphs continue to be eerily similar. We are approaching major support on the DOT index at about 700, and should be ready for a bounce based on the historical comparison. Earlier I predicted a move to about 900 by the end of January, and I still think that will happen. Short term I think we are due for a bounce here to about 750, followed by a re-test of the lows after the election before a December-January rally.

Carl
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