Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: bobby beara who wrote (59588)	11/13/2000 2:01:56 PM
From: Jorj X Mckie	Read Replies (1) of 63513

bb, just felt like i belonged here - ho ho ho. LOL!! Well, you are certainly welcome here. Always have respected your analysis. but nothing healthy about the rise or fall of the mighty nasdaq. The rise was manic, the fall had to be dramatic as well. I think that we got close enough to the 50% retracement level for government work. At this point, I believe that any news related to the election will be viewed as positive and therefore it is buy time right now (at least for the short term). I agree that the rise wasn't healthy, but on the other hand, I think that the correction is healthy, however painful. I also don't believe that this will be a protracted bear as I believe that the cycles have become much more compressed. Personally, I am looking forward to the next speculative bubble<g> I bought this morning.

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