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To: Hawkmoon who wrote (19344)5/26/2000 1:48:00 AM
From: tahoe_bound  Read Replies (2) | Respond to of 28311
 
A bottom can't come soon enough

As far as I am concerned, (neither can earnings) but this is supposed to build character and remind everyone that patience is a virtue the old timer gurus are saying. Even so, at some point this is all like a coiled spring pushed down, still getting pushed down harder. It is just a matter of how much lower and harder it will get pushed down before snapping up, then how high. I am not even going to watch tomorrow and plan instead to be distracted for the weekend, maybe not even watch until Wednesday! Hopefully we will all be pleasantly surprised. The market is full of surprises, and hopefully if it pulls an "unexpected" rabbit out of the hat, it is the rally variety.

Have a good weekend and Holiday, look forward to catching up on everyones posts next week



To: Hawkmoon who wrote (19344)5/26/2000 8:06:00 AM
From: Robert Rose  Read Replies (1) | Respond to of 28311
 
Ron: you're one of my favorite posters on this thread and always worth a read. However, this post strikes me as just a lot of wishful thinking. To turn around, what this market needs is good news. And there is really only one type of good news that will do the trick: no more interest rate hikes. At the earliest, that news would come 6/28. More likely, it will come after that - hopefully by the end of the summer.

If we can get some less-than-negative comments from AG on 6/28, hopefully we can spend the summer going sideways to repair the damage, and be ready to rock for the traditional fall tech rally.

The thing to keep in mind, however, is that the investment environment is DIFFERENT going forward. The go-go days are behind us. And that's healthy for all of us in the long run. fwiw, Rob