Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (413)	10/31/2000 1:42:48 AM
From: Rolla Coasta	Read Replies (1) of 74559

mike, I don't think there'll be collapse of some sort unless there's a catastrophy event in the Wall St. The mini-crash during IBM earnings release is behind us. However, the tech stocks could be under pressure for 1-2 more weeks, since we still have some tech earnings announcements ahead. Then, we should see an end-of-year rally, until next year March. Hopefully, the FED cut rate, which I think they should. For now, looks like 3000 should be the bottom for Nasdaq. Q

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