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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems -- Ignore unavailable to you. Want to Upgrade?


To: swisstrader who wrote (884)6/21/2000 11:38:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 896
 
Swiss, not sure about the intentions on your post, can't remember if we ended friend or foe, but I wanted to make sure that my whole post was read.

I boldfaced the most IMPORTANT part of the post to make it clear that on May 24, 2000 I was beginning to feel that there were quite a few opportunities present in the market. On that day I changed what had been a very "negative" tone and defended the market. Sure, I was off by about 125 points (4%) on my Nasdaq 2900 prediction. Whomever is going to criticize me for that can kiss my @ss, cuz it was far more accurate than any bozos could have given.

Anyway, as far as my feelings on the market. Too far too fast without really knowing the true economic state of the country. I think we have a good chance for profit taking to 3600. It looks like we are in a more "normal" market, and now the real traders can make money instead of every Tom, Dick and Harry thinking they are a big swinging d!ck.

Some stocks I like right now are KLAC, RHAT, REDF, MESG, APC, and WB.

To: akirasawa who wrote (868)
From: Stock Operator Wednesday, May 24, 2000 12:13 AM ET
Reply # of 884

I believe we could see a market bottom within 6 weeks somewhere between 2800-2900 on the Nasdaq. Anywhere below that would be an absolute steal that would REQUIRE any sane and rational human being to BUY.
I hope you notice that this is my first change of tone in quite a while.


Best of luck, thanks for the loyalty.