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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (19166)3/11/2000 12:40:00 PM
From: Sal D  Respond to of 29382
 
Ken,
On the NASD, I'm not convinced the run is over. Yes it has been on fire but as technology grows so does the NASD. The last time I checked the Nasdaq as a whole it was not that good the average Nasdaq stock was down like 30% from a year ago while the Nasdaq Comp. was up like 55%, fueled by a small group of companies with huge gains. It may be a rough ride but I feel the NASD will see 6000 before long. IMO there is still plenty of fuel for the fire.

As far as the low down beaten up large companies I agree there are some great buy's out there and they should do well but IMO not at the expense of the high flying NASD.

Keep up the good work Ken I enjoy hearing your opinions.
Joe