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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: hjz who wrote (93011)4/4/2000 10:17:00 PM
From: $Mogul  Read Replies (3) | Respond to of 108040
 
There is no doubt what happened today..it is plain and simple. FatCats Shorted the hell out of it for a cleansing..... it was very well orchastrated and it worked.

They came back with firepower and it shows who is STILL the power on the street. Come on 400+pts recovery can only be done by the FatCats. This was plannned out strategicly well.

Just unreal how they get away with this and it is all legal, but they do and this is EXACTLY what happened today.

As far as the overall trend of the mkt. it is still bullish and technology is going to continue to lead the US in growth in prosperity. The mkt needs to shake out, for investors to ofton question themselves. UNTIL there is real INFLATION, and if these companies are showing STRONG REVENUES and/or PROFITS they will CONTINUE to lead this economy up. I still believe that these times are a overall shift that is just begining.

I strongly believe that because of one hard and fast dip, this will permeate the ability for these companies to innovate, or for our economy to turn over and play dead.

Are you all just saying that innovation and technology have peaked??? Come on now....

I will say this again and ofton. Technology will continue to lead the US growth, maybe the MULTIPLES are a little out of whack... but I am not fearing this BS panic and satrical nonsense because if tech did not grow then ALL these garbage fund mgr's and analysts would have NO job and companies that make your own underwear would not be able to surrive.. THink about it.

You are all scared because you PERSONALLY are losing lots of money..but this needs to happen so that you do not get complacent. We will all be fine.