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To: Lucretius who wrote (15169)8/31/2000 10:09:26 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
don't worry about that...the tech indices are only a whisker away from the point where the bullish wave counts become operative, and i have no doubt that they'll make it.
one sub index after the other is turning strongly bullish...RLX is really the exception, not the rule. and i have no doubt its woes will be temporary. it'll peek at a new low, and turn right back up from there. with stocks on fire,consumer confidence at a record high, and back-to-school and holiday spending sprees coming up, retailers will begin to rake in the dough again. also don't forget that the tightening cycle is over, due to our no inflation reality...-g-