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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (34674)10/12/2000 11:32:25 AM
From: Getcher  Read Replies (1) of 50167
 
Dear Ike --

Long time since I have followed or posted ... What has me back, probably for a very short stint again (due only to time constraints, as your thread is and has always been a wonderful source of ideas and information exchanges), is the problems seen in the technology markets that have really come to fruition this past month ... problems were visible well before the regular Tech Crisis Month known by all to occur almost every September (gee ... why don't we trade it as it is always so volatile! Instead we watch it with a bowl of popcorn like it was a Monday Night Football game ... or a World Cup Soccer Match for you Ike!).

Well ... it is now quite clear that we are standing on thin ice in the US Markets as we have breached several support levels on the SPX and, from my vantage point, are approaching two very weak support levels that could allows us to fall back down to planet Earth in the markets.

Ike ... I am not trying to be a doom and gloom man here (I am fully invested!!! I cannot afford to be!!!), I simply am looking at a picture with what I feel are appropriate glasses ... so I ask you ... Am I seeing 20/20 here Ike?

Would be most grateful for your view ... I will also be looking back over the past 100 posts to follows others thoughts ... I See my good friend Tim Lamb is still positing ... hope others have remained on board and faithful like Tim and yourself.

Getcher
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