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Technology Stocks : copper mountain CMTN

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To: P314159d who wrote (1013)10/7/2000 1:28:15 AM
From: Rarebird   of 1226
 
<I am not acknowledging a "bear">

By the time Bear Markets are acknowledged, the greatest damage is already done. Witness CMTN.

The A/D line as constituted by the NYSE was in a Bear Market from April 98 for 2 years. The Internet and High Tech Stocks bucked the trend during that time. I think we got a trend reversal during the spring break.

I doubt the Dow or S@P will hit new lows in this move down.

Recession coming my Arse. Why is the XAU hitting new all time lows on a daily basis? The XAU is not forecasting a hard landing and rising inflation. It is forecasting the opposite. Something else is going on here and I think it's called Fear.
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