Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (117879)	12/1/2000 4:35:42 PM
From: KevinMark	Read Replies (4) of 120523

Jenna, there's one thing you left out. I predict one of the big guns on the Nasdaq will warn. In addition, The VIX is still in an uptrend, therefore I don't particularly see an end to this yet. We shall see what next week brings, but my feeling is, we will have a VERY difficult time breaking above 2800. Financials will get crushed next year, when corporations fail to repay loans. Greenspan screwed up! It's as simple as that. Instead of tapping on the breaks continuously, he slammed his foot down. Trains don't stop on a dime, nor do they go to zero-60 in 10 seconds either. The train is running on very little coal, and the only way to correct that will be to cut taxes, and throw some liquidity back into this market. KM

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