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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (88627)3/14/2001 7:20:08 AM
From: SliderOnTheBlack  Read Replies (1) of 95453
 
ISo... DOW 9100 anyone ?

re: your comment of - "Either way, we're not even close to the final NAZ, Dow or S&P lows for this Bear Market."

... the key is that investor sentiment & margin must be and is being beaten down in waves... allmost on an Elliot Wave sentiment basis (VBG).

The next shoe imo; is all that "fluff/rotation" money in DOW stocks that came out of tech - is getting flushed out now as well.

Dow 9100ish seems about where they'll trot out Abbey Joseph Cohen & where the PPT/ESF makes a final stand.

I think Greenpimp has warned thru the "inside Wall street" channels (that's why Cramer is giving this freebie call to the little people) that he is NOT going to put a floor under the NAZ - as the NAZ is where the margin-mania fluff money is & it's good for the market for it "all" to get washed out.

He will put a floor under the DOW however imho & 9100 ish is that floor.

People are crying about why won't he cut more, cut now etc...

Why would/should he ?

Should the daytrading/margin driven daily gyrations of the shareprices of Cisco, Juniper & PurchasePro.com control interest rates ?

APRIL is going to be one helluva historic risk convergence - anyone making any big bets on tech here in this environment - is a moron... they may become a "lucky" moron; but will still remain a moron - nonetheless (VBG).

Japan is looming over this market like the sword of Damacales...

Far better & quicker to merely fly to Vegas, or Atlantic City & put all the chips on "black, or red" and just spin the wheel... get it over with - instant gratification, or instant relief/grief... why not ?

PS: - lots of confusion "over there" under the porch.

I guess this is "yet another" NAZ bottom that they'll have to put in the denial bag - LOL~

Amazingly; it seems that staying on the "HOT LIST" is their "Job #1".... sad commentary for grown men... yeah - they're "HOT" allright - but, for all the wrong reasons - roflmao ~

On that note... when we bottom & when there is no more day-trading/Bubble-mania; will CNBC convert their daytime programing to the first on air - "Bingo-mania" with Maria B calling the numbers ?

I can't wait... they should dress her up in retro Go-Go boots & a beehive and I can't wait to hear her "B-27" in that little New Yawk accent ringing out over the airwaves...
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