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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (44380)12/31/2000 2:16:14 AM
From: Joe Smith  Read Replies (2) of 57584
 
As always you surprise me with your eloquence. Nice post. I do have to take issue with your Dec. 21 bottom. Although, that may turn out to be true, this calling of bottoms is getting tedious. It is starting to take on the quality of the stopped clock being right twice a day. But feel free to speculate. Don't let me stop you. Happy New Year. I just don't think that earnings season is going to about upside surprises. I am waiting a couple of weeks to make sure that the cockroaches are all out of the closet before I start any buying. Just about all cash into the new Millennium. What is the hurry.
BTW, I find all of this stuff about this being the worst year in the markets ever kind of funny. A well balanced portfolio barely budged. To compare a drop in a concentrated Index like the NDX to the 1929 crash in the Dow is funny. To look at a total market index like the ^TMW was down just over 10%. Not what I would call a crash.

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