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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Gary M. Reed who wrote (6667)	9/26/2000 7:03:42 PM
From: t2	Read Replies (2) \| Respond to of 17683

Squawk Guests. C'mon when was the last time you saw a bullish guest on tech stocks in general. Sure, you get the Seth Tobias types once in a while but most are the "valuations" for tech are too high camp. If you have seen it everyday, please let me know when you saw the last bull. Kudlow is an economist and Battipaglia has not been on for a while. It is amazing how we can name the few tech bulls that occasionally show up on the show. I hope you catch 3 to 4 pm on CNBC. Finding a technology bull there is very rare--even someone market neutral is even hard to find. In any case, it might all be a good thing I usually take this negativity as a great contrarian indicator. Seen it before lots of times. However, sometimes it bugs me as so many people listen to these guys. Remember Ned Reilly (Squawk guest host) back in July or early August. He said one should wait until labor day to buy into the market OR it could have been wait until labor day to decide whether to buy the market---i don't remember exactly. That is just one example of why we need balanced views, especially in critical times such as the 3 hours of Squawk and the last hour of Street Signs. I actually bought going into August for this reason. Now they are saying to wait out October worries and that makes me pretty confident Oct is going to be an awesome month on the Naz so I end up positioning for it. So many people would have missed out on nice gains on the Naz in August and possibly just bought into a big decline in September. I use the contrarian indicators myself so I don't miss out on such opportunities. I am convinced we are going to be at Naz 4500 by end of October. Just my opinion.