How this for a scenario: What if the Naz is crashing towards 2000....while the Dow is down (but not at 10K), and S&P down (but not at -20% yet again)...during Greenspan's speech tomorrow....how weird would that be...
Geez, if he cuts soon after, not only does he look like he's saving the markets, but he looks like he's saving THE NAZ! He'll definently have to consider that carefully...
What a (long) nightmare if Naz keep going down, but Dow and S&P hold up....boiled frog analogy comes to mind...a close under 2244 (old low)...is a major ughh...
This is truly unbelievable....I just took a look at all the (former) old favorites: BRCM, NTAP, ITWO, EMC, CSCO, INTC, JNPR, JDSU...these were considered the cream of the crop, the companies for which there was no end in profits/revenues for years (decades?) to come........all down at least 60% (and even more) in less than 3/4 year...wow...the bubble, c'est moi!
Scary thing is, this thing ain't over.. |
