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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (37229)12/4/2000 6:27:37 PM
From: sandeep  Read Replies (1) of 42787
 
dennis, I am long only MSFT and some minis. I believe that at some point, the failure of this market to go down much more substantially will lead to a massive rally. I suggest to you that the market had plenty of opportunities to go down - MSFT lost 20% last week, SUNW lost quite a bit, today CSCO was at ~45, INTC had fallen to 32. In spite of all the generals being down big time, the market didn't go down. It has stopped wanting to go down. Now, it hasn't shown any great willingness to go back up. However, this news should finally drive a nail into the bears temporarily. Long term who knows ???
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