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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (47659)	4/22/2000 12:41:00 AM
From: el paradisio	Read Replies (1) \| Respond to of 99985

Jim Willie,I think,you are completely wrong. The "Gloomy Posterboys" are maybe hard for a new comers....but perfect in market timing and analysis. TheKelster is more than correct in his analysis,smal caps run is only temporary and the real bottom is not in yet. I like to learn and analysis provided on that thread is more than perfect.I am not blind , I do explore my own system, but only that Thread can put an individual investor on the right track. Trust me. The idea of LG, creator of that thread was great. I do not watch CNN,Money line,CNBC,I do not listen to any analyst except Abby Cohen,but I am reading that thread since one month and I am very happy. Regards, el paradisio

To: Jim Willie CB who wrote (47659)	4/22/2000 7:16:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

Jim Willie CB: Well you obviously have no intention of following the thread guide lines, by keeping your posts on this thread cordial and respectful. I suggest you return to the porch where you have "some" folks that value your less than stellar technical analysis. On MDD you will quickly be exposed as the TA clueless filthy mouthed individual that you are. LG

To: Jim Willie CB who wrote (47659)	4/22/2000 10:16:00 AM
From: The Phoenix	Read Replies (1) \| Respond to of 99985

Jim, I am rah rah! LOL! Seriously though... while I do agree that we will have a pull back I don't believe we'll test the lows recently set and I do believe that things will look much different in one or two months. This is a seasonal (albiet more pronounced than the past) correction which took a much needed chunk out of valuations after a huge run up from November. Fundmentally nothing has changed. Tech's are growing anywhere from 30%-50% a year and this market is just at the forefront of change and creating change for old world companies. Productivity increases are just begining - they are not out of gas AND we've not even started overseas yet. So, take the NASDAQ about two years ago when it was trading 1900. Figure middle of the road growth over two years (40%) and you get a NAZ at 3725 and at the low end (30%) 3210. We are clearly trading at about fair value/fair growth for the NAZ and should finish the year (at fair growth rates) in the mid 4000's. That all said the original poster was correct in that some stocks will be worthless and will continue to go down and averaging down on these is probably not wise. BUT, good solid techs will outperform the market and the NAZ (which is made up of these same companies) will power forward again soon. Just another opinion..... OG