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To: EepOpp who wrote (1401)1/27/2000 3:33:00 AM
From: kokomama  Read Replies (1) | Respond to of 35685
 
Good point about "dead money."

Q seems to be leading this upcoming tech-wreck down. Most likely it will lead it up, too. All these up-moves and corrections seem so time-compressed...things seem to happen earlier and quicker. I guess the information dispensed to precipitate such events is assimilated so much faster now.

For example, all the talk had been about this NAZ correction to happen in late Feb-early March. Or, now that it's underway, last about 3-4 weeks. But given what seems to be this market "time-compression", I think that a similarly reasonable scenario is a quick descent (especially the NAZ) to a bottom sometime between now and next Thursday (day after the FOMC meeting). Then a resumption of what should be a normally upward market in a Presidential election year.

kokomama