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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (22674)4/14/2000 11:57:00 AM
From: Tom Trader  Read Replies (3) | Respond to of 54805
 
OK Betty -- here is where we are

You have capitulated, the NAZ is well below its 200 dma; I said yesterday that another 300-400 points down would be good and we have got that in spades.

Now enough is enough -- time for a turn.

OTOH, the NDX 200 dma is another 200 points lower -- so who knows; wish that I had waited until today before buying those stocks that I did yesterday:)

Seriously, this decline is just awesome to watch -- many stocks are in free-fall. I hope that we recover this afternoon otherwise Monday is going to be bloody, I suspect.