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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders

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To: Dave Gore who wrote (472)	3/18/2001 8:03:18 PM
From: bigbuk	Read Replies (1) of 589

Good post Dave, Most forget what it is like to make 15% on a good year rather than banking 15% a month or a week. The bull of 99 was like a ATM $$$$$$$$$ the Bear of 2000-01 is a ATM as well but only if you not a knifecatcher. CONSOLIDATION FOLKS!!!!!!! with out it you won't see or be able to call a bottom. All mkts need more of a haircut and will prolly get it the next few months. Dow to 7k? Compx to 1400? well time will tell but my money has not and won't be long till the consolidation happens. Mind you there will be bounces and news plays etc but over the direction will be south. And for the bulls that cannot fathom the fact of not being able to pass up these deals-- the steel mess gloves your only hope. NT.nyse to 7.00? likely CSCO to 10.00 likely MSFT sub 40.00 likely.. you can get short term paper that actually pays you not to come and knife catch. BB

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