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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (12141)3/18/2001 10:16:06 AM
From: DlphcOracl  Read Replies (5) of 37746
 
Velociraptor: Is there anything in the charts or technical analysis that would support or indicate that NASDAQ will approach 1000? Difficult for me to believe that the NASDAQ has an additional 55% downside in the face of increasing money supply, low inflation, and what will prove to be a series of 4 to 5 interest rate cuts. Historically, the market has never been lower 12 months after three successive rate cuts. What is different about the current market that has you betting against the Fed? Valuation?

DlphcOracl
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