john,,,,hope you are well.
what a list of fallen stars, eh? of course,,some were trash to begin with,,,but they all sure were bid up like tomorrow may never come.
the most amazing thing to me has the extreme movements in these companies from the high and the lows. it's taught me that things can get high,,,and i mean very very ridiculously high and go higher still,,,,,and things can get low....and lower,,,and lower,,,,and perhaps,,,disappear.
the cycle and pendulum persist,,,and we'll get a swing back in the other direction again. only we don't know when that will occur...the future is always most correctly depicted by historians...
the moves in the markets are dictated by extremes in psyche more than just about anything else.
i'm sure there's money to be made for the long haul among the fallen techs...the question is with whom and how low can we go......i am hoping that everyone will be saying that we're stuck in a bear market for years. haven't really heard that yet from the "experts".....
mike |
