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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (31789)10/3/2000 1:09:04 AM
From: Stcgg  Respond to of 42787
 
I Found a J6P Who Is Awake -

[But he's one of the Old-Timers.. From the Yahoo Board]

"NO 4Q RALLY THIS YEAR-HERE'S WHY
by: whiskey_brewski 10/3/00 12:39 am
Msg: 135011 of 135015

THE REASON IS IN 97 THERE WAS LIQUIDITY FOR THE ASIAN CRISIS, THEN IN 98 LIQUIDITY WAS NEEDED TO BAIL OUT CAPITAL HEDGE FUND, IN 99 IT WAS THE NON-EXISTENT Y2K, THERE AIN'T NO REASON THIS YEAR!

YOU NEWBIES HAVE NEVER SEEN A BEAR MARKET ?!
THIS IS ONLY THE SECOND INNING OF WHAT WILL BE AN EXCRUCIATINGLY PAINFUL BEAR MKT....LONGS WILL BE LITERALLY WIPED OUT ....AND IT WILL CONTINUE AT LEAST ANOTHER 12-18 MONTHS.

GONE ARE BUY ON THE DIP DAYS.....THIS IS BACK TO REAL LIFE INVESTING.

GET USED TO IT!

Whiskey Brewski III"

>><<



To: donald sew who wrote (31789)10/3/2000 6:31:11 AM
From: horsegirl48  Read Replies (1) | Respond to of 42787
 
I believe we r in a bear sure looks that way to me. Ist stage not believing 2nd stage acceptance ( things will get better) 3rd stage the blowout. When will the 3rd stage appear could be a few years of trading sideways till we get hammered, I for one am in and out of my trades and mostly cash until he lowers rates or something else comes along to propel the market.
Hg48



To: donald sew who wrote (31789)10/3/2000 9:26:49 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
The Nasdaq may be starting to form a falling wedge in the 60-min. chart. As far as I know, this is the first appearance of one in a major index in this bear market, and is typically how bear markets end: sellers run out of steam. We could (and probably will) drift lower for a while - the apex is quite a ways away - but the Nasdaq appears to be trying to put in a bottom here. It won't take off like the good old days if it is completed; a good model is AMZN's slow grind after breaking out of a falling wedge.