Thanks for that BULLISH article! I know one thing the market does what the mass does not expect!! What If we are at the bottom, and the next quarter or two show improving conditions, what if the asia gives up on its own markets and throws the funds ( any left) in the US Markets, what if the likes of NT, ORCL, JDSU, CSCO, AND OTHERS are purposely letting the air out of their EXPECTATIONS so come late April they can blow the doors off on earnings?
We really are not in that bad of a scenerio, and the NASD needed the last YEAR to catch its breath. I am not calling for 5k but I do see us higher then 3100 come 1/01/02.
I think Bob Brinker BLEW IT!! He placed the bet on the QQQ in the 67 range in the hope we would rally in Nov- Dec. Mr Gore screwed Brinker and alot of other people!! This MOABO ( Mother of all buying opportunities) Is NOW!!!
Even I called for 1800 back in September but not this soon. I suspect the funds will take us back to 2800 fast enough so they get in right in time for the GOD NEWS to flow! Wall Street looks 6 months out so the window is now open, those that see this opportunity will never forget it. Like 94, like 98, like 87, like 91.
Good luck all I do see the light at the end of the tunnel and I will again state I believe TELE-COM will take us there as they slowly improve over the next 6 months. Once thelikes of WCOM, T, DT, Qwest will become the leaders once again. Optics will follow, and chips! |
