To: zoya who wrote (47539 ) 4/20/2000 10:53:00 PM From: Secret_Agent_Man Read Replies (1) | Respond to of 99985
As I see it, MSFT, just hit the NAZ over the head with an Anvil and low 60's may be where MSFT's headed short term. This will force the DOW and NAZ to bend...now, perhaps it's a downplay for coming qtrs and a ploy to get sympathy from the DOJ, but, the truth is in the numbers. As I sit here tonight, as I'm sure many fellow investors worldwide are doing, fear is ever-present and most who've had some forethought, are in cash, while others, who are not nimble enough, may have some liquidity problems. I think this market wants to reach down and grab it's ankles. The question beckon's when? Is this the straw or will the PPT, et. al..try to save the trough that the Robber Barrons feed from?... Globally, we are indeed in a pinch and with the make up tightening + the bubble busting, we simply can't be far off from 1996/Asia and a global recession. I visited Malaysia back in 98' and saw all the unfinished construction from the 96 Crash. Malaysia, was one if, not the only country to refuse any money from the IMF...(I am FLUCKED ) funds and has slowly began to recover but, still have a ways to go before full recovery. However, these ( as Haim , so eloquently and succintly put it) 25% plunges in 2-3 days forbodes ill will not only for the avg j6p, but, the world at large. Can we really that far from the Naz 2329 of a year ago? Dow 9200 or less, could be just around the corner? Yes, I'm a Bull, but, I no longer run after the cows in the paster, I'm now walking with a purpose and I'll take em one at a time although, it really pays to think ahead and of course "like a criminal" . cheers