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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: magicslr who wrote (32342)	7/28/2000 5:17:55 PM
From: TWICK	Respond to of 50167

And you think your average investor, trader who is losing everything due to margin calls one more of many times this year, and hobby IRA trader are just going to come back the next day and buy everything in site, driving the NASDAQ back up to March's highs ? Yea, it may bottom, but don't expect it to take off right away and make it all good in a matter of weeks. Do I dare say bear market ? Could I possibly be so forward-thinking and actually say Recession. Hhhmm. We'll see. Until then, it's "Row. Row. Row your boat gently down the stream....." That's down the NASDAQ stream of carnage. lol Twick

To: magicslr who wrote (32342)	7/29/2000 2:41:25 PM
From: James Strauss	Read Replies (2) \| Respond to of 50167

I know this is controversial, but I say, let it tank. Get it over with and reverse. There is just no strength in these rallies IMO. So tank, build a base and let's go for it. You may get your wish... bigcharts.com The Nasdaq looks like it's going to test the 3000/3100 area... That's 15% to 18% below current prices... My charts have two intersecting trendlines in the 2900 area... That could be the absolute low going into the 8/23 FED meeting... Jim