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Politics : Idea Of The Day

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To: Peace who wrote (34596)10/10/2000 11:59:33 AM
From: TWICK  Read Replies (1) of 50167
 
I'm willing to think that we will get that capitulation. Don't see it this year, but for sure next year. Like Juice said in an earlier post this morning, the markets area forward looking.

I see no hope for the Christmas rally we were used to in 98 and 99. That was Internet and PC driven. That euphoria is long gone IMO. There is no Internet retailer, Commerce related story to move these once high flyers back up from the dead. There is no chip story worth reviving the AMAT's, and INTC's.

Markets are forward looking and that means that there has to be serious enough concerns over Q4 already circulating.

YHOO is the last hope for any kind of rally this winter. She she fails us, then we could be in serious trouble this year.

Twick
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