The New Economy and its Winners Message Board

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Strategies & Market Trends : The New Economy and its Winners

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To: fedhead who wrote (11261)	5/2/2002 11:44:59 PM
From: techanalyst1	Read Replies (2) of 57684

That's funny. Why don't companies and insiders buy more shares of their own companies or other fine tech companies? They printed enough money for themselves these last two years. Instead we see the likes of jdsu insiders with a plan to sell shares on a regular basis..... even with the stock at the 98 lows. Stocks getting upgraded and they pop for a day or maybe just an hour and then fall back down. We don't trust the brokers and there just isn't enough follow thru to get any kind of rally even if we did. The fed can add liquidity, but if there is nothing but short covering, it won't last. They ran out of bullets. They can't help by lowering rates more. The only thing that will help is added demand for tech products which who knows how much time that takes. What a fine mess we made of the stock market the last few years. TA

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