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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (10660)11/20/2000 5:34:54 PM
From: TraderAlan  Read Replies (1) of 18137
 
Bubble into black hole:

CMGI 1/03/2000: 163 1/2
CMGI 11/20/2000: 12 1/16
Loss: 93%

Web = R.I.P.

Cramer had an interesting piece on the expected Net bankrupcies right after Xmas sales, as their cash...and dreams run out. Sure seems like the survivors will make for a nice investment or a tradeable rally at some point.

Stay lean and mean. There is a hell of a bottom out there somewhere. I'm going to stay optimistic and say this feels like 1994.

Alan
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