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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (42453)11/30/2000 12:39:07 PM
From: yard_man  Read Replies (1) of 436258
 
headed further down and fast?

I keep seeing a lot of stuff like this:

>>But some analysts say "Don't despair." One strategist said the Nasdaq finally seems to be reaching a bottom and may be poised to turn around and move higher.

"I think you are near (capitulation) at the moment and you are getting close to the bottom," Richard Cripps, chief market strategist with Legg Mason Wood Walker, told CNNfn's In the Money. "Technology stocks are driven on the expectation and we're in a period now where expectations are being lowered. What you'll have happen is stocks will react to the fact that expectations are too low."

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