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Strategies & Market Trends : NetCurrents NTCS

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To: CynicalTruth who wrote (6706)3/31/2001 10:49:30 PM
From: Teresa Lo  Read Replies (2) of 8925
 
Thoughts:

"...6 months from now 20+ different "experts" while say they called the market the past Q..."

Note they already are doing it. Amazing revisionist history. Wish they would have posted their analysis for the record. And permabears who had been "predicting" the top for the last five years don't get gold stars from me either!

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204.244.168.151
204.244.168.151
204.244.168.151
Message 15333982
Message 15531319

"...the "Gold Bugs " with get burn again..."

Perhaps. It's a big test of bottom on the monthly chart, and I think it would be best to just read the charts. I note that there has been a lot of doom and gloom of late, you know, the Blood In The Streets, Rees-Moog stuff...

"...the "in it for the long term" investor buying now *probably* will make money in the long term.. (5+ years)...

I suppose if they own the stocks that don't go out of business they will. Of course, many have taken a 90% haircut. People still don't seem to realize that 1929 has happened to their portfolios. And when the bottom is finally made in this downtrend, let's hope it's not going to be a 1930-style rally. Right now, it's a crucial test of bottom on the daily chart of the Nasdaq.

"...I'll still be trading the charts... now and forever after..."

Amen!

T.
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