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To: Jon Khymn who wrote (249)2/10/2000 11:57:00 PM
From: Whys1  Read Replies (1) | Respond to of 840
 
Everyone is piling into the Naz because the current train of thought is that rising interest rates won't affect Internet companies -- the same ones that don't have any earnings.
And, of course, looking at a chart it's easy to see that the sucker won't go down. No one wants to be left behind.

That's usually the time it falls apart, but I have to admit it doesn't seem that it will be any time soon. I covered at 198, and shorted again at 203, but I don't have much confidence in my timing at this point. Probably better just to wait at this point for clearer signs. It's going to be interesting....

Whys1