Scrapps--
Well, that's true, you are a tacky bunch, and proud of it, which is a Good Thing.
Do not sneer at Y2K--there's money to be made in the sector, but the stocks are hard to play because they're mostly bought by momentum investors. They take a little rest, everybody sells; they show a little life, everybody buys. And the players blame the volatility (the downside volatility, at least) on the mms.
Anyhow: a nervous-making market, isn't it? I think we're in for choppy at best, maybe another period like mid February-mid April. Dunno if Betty Poe posted it here as well as on XXXXXXX, but it seems Arch Crawford predicted Unpleasantness. The day he referred to was Thursday the 31st. Nothing happened then, but as I recall, nothing happened the day he decided to short the market in February, either. It was a week or so later that the serious downturn began... (Neither Betty nor I knows exactly what he said, alas...)
So...we'll see what happens...
Janice |
