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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/12/2001 8:59:37 PM
From: Mickey Mouse Operation   of 37746
 
First the bear market ate up all the "buy-on-the-dipsters" and now it is going to eat up the bottom callers. We may see a sustained bull run soon and I wouldn't be surprised to see a relatively major retracement in the NAS through July (wiping out alot of the newbie shorts). But, I think we will see a new 52 week low by year's end. The higher the Nas retraces now, the greater the likelihood of a major crash IMO.
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