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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: kha vu who wrote (93508)4/15/2000 10:52:00 AM
From: Lee Walsh  Read Replies (1) | Respond to of 120523
 
Speaking of The Street.Com... Just finished watching the weekly TV show....quite a sight to see this week!!!

I don't believe I've ever seen Jim Cramer so "pekid"... He made the comment that he had taken about 50% off the table earlier....but had put about 1/2 of that back into the market on Friday.....

I've watched him for quite some time....normally a very aggressive bull...but this is the first time that I can say that I felt he had some "buyers remorse".... I think he already believes he bought too soon...A lot of air sure looked like it had been let out of his balloon.

I still think we've got a ways to go....I see us bottoming in the 2800-3000 level....basically right were we were last October before all this "exhuberance" took over. Then I look for a lot of chop till the fall..... Just my Opinion.

Lee