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Strategies & Market Trends : The Thread
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To: DebtBomb who wrote (27602)1/8/2001 10:53:36 PM
From: KevinMark  Read Replies (4) of 49816
 
Based on charting the indices, tech will most likely stabilize here, IMO, while the BTK get's whacked after a short-term bounce. Besides, it's the last to bite the bullet, and that will end this Nasdaq melt-down for the short-term. BTK will be ripe for shorting in 2-3 days as it needs to retest it's lows. The wolves and bears are howling at a full moon this week, so seas may be a little rough late this week, but not sure if tech will participate when the BTK melts down. Calmer waters next week as anticipations of another rate cut looms ahead.

KM
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