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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Clappy who wrote (23328)6/23/2000 11:15:00 AM
From: crdesign  Respond to of 35685
 
My Concise Overall Market View:

I will assume everyone is proceeding with caution into this new earnings season. So probably what I am presenting is usless info. Although for the record; I smell a rat in this Market!

-I'm uncomfortable with the retail buying in the beginning of the week coupled with Thursdays distribution day. Today will be a telling day.

-Historically, the summer months stink for the Nasdaq. The MM's have all retired to Nantucket, MA & Loveladies, NJ for vacation. So who can really move the market? Certainly not you and I posting back and forth.

-I'm uncomfortable with the renewed parabolic rise in certain selected tech stocks in this market. RMBS, MACR, SUNW(which I own), and my favorite pile of bullcrap ORCL. As far as I'm concerned; if it sounds too good to be true...............

I will revisit the market in earnest in mid Sept. until then I want to work on this whole CC strategy. I was very impressed with the unbelievable magic of CC's you guys all unveiled to me this weekend.

BTW: Scott, I will be contacting you soon for those websites we discussed.

Tim