It's OVER! Tracy Moore announces the END of the BIGGEST BEAR MARKET in HISTORY!
Tracy Moore officially ends the Nasdaq Boycott started on March 28, 2000!
Internet-related stocks have been corrected, leaving just a few isolated sector-bubbles remaining
such as telecom and biotech. The IPO bubble has burst, which had basically killed the derivitive demand for
stocks and was the main focus of the FEMPSter Nasdaq bear market call of April 17, 2000.
The great bull market of 1990-2000 and the internet did leave a legacy however that has already sown the seeds of the bear market endgame , and that is the birth of the momentum stock- both long and short. As fewer and fewer bubbles are left to burst, the momentum and irrational exuberence that overbought the markets has now oversold the markets. The laws of diminishing returns going long and short have been amplified by consumer demand for the momentum stock and the vast resources of the internet to spread information.
Now how can Tracy Moore and the FEMPSters say the markets are oversold, given historical stock valuation methodology? In short, with the speed and access to information that the internet provides along with increased consumer awareness of stocks exploding during the bull market, the momentum stock going both long and short is here to stay. The momentum stock brings new dynamics to the age-old stock valuation model, and therefore the valuation models of the past have to be adjusted for this new dynamic.
This new valuation dynamic has been applied to SSTI, a microcosm of what will be happening
throughout the market over the next few months, as more and more shorties get busted:
viwes.com
Shorts will start to cover, and then the momentum will reverse. Shortbusters will go on a feeding frenzy as the momentum turns. Tracy Moore predicts
a snapback to over 2400 by May 31, and Nasdaq 2800 by year-end. The stocks based on historical valuations (low P/E's) will turn first, and the momentum will carry the rest. Any "profit warning" and Market Maker manipulation downward is now considered a buying opportunity.
WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!
Its FAST and EAAAAAAAAAAAAAAAAAAAASY MONEEEEEEEEEE!!! |
