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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (2008)	5/26/2000 4:25:00 PM
From: Logain Ablar	Respond to of 30051

Zeev: Get ready for the LTR. Yes I mean the Linda Tripp Rally The market bottomed on Wednesday (as long as we have a good follow through Tuesday (Wednesday at the latest). Don't believe anything else you hear about the China Trade bill the Intel FAB spending, the economy slowing it was the Maryland AG dropping the unmerited waste of taxpayer money persecuting an innocent law abiding citizen standing up for justice and the american way that changed the market sentiment. Long live the Linda bull. Tim

To: Zeev Hed who wrote (2008)	5/26/2000 4:33:00 PM
From: rfisher	Respond to of 30051

Zeev, the bid on ELON did not hit 53 3/4 until 5 minutes to close - I think you sold at 20 minutes to close. I just checked out SDLI. You could have bought this at 185 at 35 minutes to close and sold at 197-198 just before close. Anyway this was interesting to observe. Have a great weekend with the family and friends. And don't spend too much time in the lab.

To: Zeev Hed who wrote (2008)	5/26/2000 4:47:00 PM
From: vampire	Read Replies (1) \| Respond to of 30051

Perhaps someone here can assuage my fears. The NASD is down about 2000 points in a couple of months. It appears as though "traditional"valuations are once again in vogue. That being the case, and assuming that the air seeps out of this market a little at a time, what would the NASD be at if the bellweathers (ORCL, SUNW, CSCO, MSFT) got down to 30-40 times foward earnings and the Internet former hi-flers (YHOO, AMZN, EBAY) continued their downward trajectory? and why WONT we get there?