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Strategies & Market Trends : Classic TA Workplace

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To: byhiselo who wrote (11137)	8/25/2001 10:21:11 PM
From: velociraptor_	Read Replies (2) of 209892

FWIW...I consider Mannfm1 on Prudent Bear to be very knowledgable, as well as Tommy bear whom you don't see post often. I have had e-mail chats with Tommy bear and I find him to be extremely bright and insightful. His forecast made almost 2 years ago has been spot on so far and I would not take what either Tommy bear or mannfm say very lightly. The naz has already been crushed and yet valuations still remain high due to falling earnings and each of the industry sectors being fragmented to the point of competing with each other to death. No way this market will take off to new highs for a long time in this environment as it hasn't even finished washing out to the downside. The DOW won't be making new highs for a while either.

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