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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (80039)	12/16/1999 4:57:00 PM
From: re3	Read Replies (1) \| Respond to of 86076

<<<<When does this Naz nonsense cease? Shagging eh! January 3, 2000, 9:30 est...

To: MythMan who wrote (80039)	12/16/1999 4:57:00 PM
From: pater tenebrarum	Respond to of 86076

i don't think it has ever been as overbought and as far removed from it's 200-dma than it is now. add to that that fund managers feel compelled to buy the most overvalued stocks for 'window-dressing' purposes and no other reason (certainly not for 'investing') and you have the potential for a sizeable move down...as soon as the last penny has entered the mo-mo stocks that is. just consider the market cap gain of MSFT in a span of three days...ufb.