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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.94-1.5%Dec 11 3:59 PM EST

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To: furrfu who wrote (44266)6/19/2001 2:34:00 PM
From: Canuck Dave  Read Replies (1) of 56535
 
Mooooo!!!! I'll be one of the herd, too.

No reason right now. This unwinding of the bubble is entering the third phase and will still take some time to play out, IMO.

Stage 1: Market corrects worst of 'not a chance' companies.

Stage 2: Real companies start to feel the pinch.

Stage 3: Problems spill over into society at large and strains start to appear in other areas (like the credit bubble).

Stage 4: Full blown recession and run for the exits.

Stage 5: Recrimination and finger pointing, while smart money finally starts to reestablish positions.

CD
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