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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (15051)	4/5/2001 7:02:46 PM
From: American Spirit	Read Replies (2) of 37746

If you don't trust Abby C and Barton B who do you trust? Look at the action today, continuing into after-hours and tell me what that signifies. Ask youself if two months ago anyone would have dreamed of the Naz hitting 1650 and that not being a probable bottom. You might still milk a few stocks on the short side but DELL proved today that the most solid tech companies are very much oversold, esp if you consider a possible sharp recovery within 6 months. Inventories do burn off you know, rates come down and the internet-wireless revolution continues no matter what. Some casualties for sure but those have all been hit 95% or more already and what's left? Anyone who thinks LU is going below 5 or CSCO is going below 10 is going to lose a lot of money. I've been hearing those predictions a lot lately and they're just plain wrong. Those greedy and unethical enough even hit LU with a phony rumor to try and make it happen. They ought to be in prison. Wonder who started that rumor and what their position was, huh? Reminds me of the flipside of those hyping YHOO at 250 or QCOm at 700. The worm does turn and these days it turns very quickly and very dangerously. Watch your shorts. They could be on fire. And fire burns.

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