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Strategies & Market Trends : Rande Is . . . HOME

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To: nikko who wrote (37608)10/6/2000 1:41:50 PM
From: American Spirit  Read Replies (3) of 57584
 
Everything scraping bottom today after many weeks of sell-off. Many stocks below book value. Value in general being ignored. Tech leaders and followers all battered. Even cheap telcos and "safe" solid companies knocked down more. The even moderately bullish conclusion is that we are setting ourselves up for a monster rally as soon as this turns. Friday afternoon so don't expect it today. But perhaps soon, very soon. Watch for it to turn around all at once in the near future. Can't keep defying reverse gravity like this much longer. Something just needs to light the fuse. I'd say the market rallies hard into the end of the year once it turns. Once it turns.
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