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To: Perspective who wrote (32038)	10/28/2000 7:10:08 AM
From: AllansAlias	Respond to of 436258

Yea, I know what you mean about the funny lines. So what. Let them continue to think it's voodoo. BTW, as with most charts I post, I do not add these lines after the fact. That NT line that it gapped under was drawn in late 1999. Don't see how anyone could possibly think this is the time to step up and buy, but if there's one thing this mania has taught me, it's not to underestimate the vast number of fools with money to burn. Too true. This very thought has saved me a lot of money since May. I think it was in Debt and Delusion that the author makes the point strenuously that they will throw everything at it to keep it inflated. This was not meant in a PPT-style way, although that is a part of it for sure. When you get the biggest bubble in history, you are going to get the biggest rescue effort as well, and, in the end, the biggest... well, you know. -g

To: Perspective who wrote (32038)	10/28/2000 7:22:51 AM
From: Efthymios H. Zacharias	Read Replies (2) \| Respond to of 436258

from grant's: grantsinvestor.com <<B2 BOMBER by Eric J. Fry 06:00 PM 10\|26\|2000 What a guy, that Cisco, lending a hand to a customer in trouble! But, wait, it's whispered about that Sweden's Bredbandbolaget is getting financing to buy more goods from its oh-so-generous benefactor. Just whose red ink is at issue here? Swedish Internet company Bredbandbolaget (no relation to Henry Blodget) postponed its $400 million IPO scheduled for October 9 due to "unfavorable market conditions." The postponement by B2 (as the company is known) would hardy warrant a headline were it not for what happened next. "Cisco has come to the aid of Bredbandbolaget," Sweden's Svenska Dabladet newspaper reported on October 11. "The U.S. equipment supplier will guarantee Bredbandbolaget's continued operations for the next two years, provided the company can control its losses...." Why did Cisco ride to the rescue? Perhaps to control its own losses. If the rumor mill is to be believed, Cisco financed a sizable Bredbandbolaget purchase of Cisco products. If so, that raises a few questions: Is B2 emblematic of other credits on the Cisco ledger? Might other B2-like accounts receivable lurk in Cisco's accounting department? Will Cisco lend financial support to them all, like some sort of techno-IMF? Michel Camdessus, please forward your resume to: Cisco Systems Human Resources 170 West Tasman Drive San Jose, CA 95134 >>

To: Perspective who wrote (32038)	10/28/2000 9:47:53 AM
From: robnhood	Respond to of 436258

<< but if there's one thing this mania has taught me, it's not to underestimate the vast number of fools with money to burn.>> I can't believe how I mutter that very line to myself several times a week. It's beyond astonishing.

To: Perspective who wrote (32038)	10/28/2000 11:09:59 AM
From: marginmike	Respond to of 436258

I think looking at a Jdsu chart is probably indicitive of whats going to happen. slightly lower high's sucesively over a Long period(6-12mos) until we hit a point and we break hard in one direction or another. If we do have a crashola it wont occur until APRIl-MAY period. We are going to rally through Nov and retest lows in Dec(tax selling again).

To: Perspective who wrote (32038)	10/28/2000 11:14:58 AM
From: marginmike	Respond to of 436258

Bobcor even i in the past have always bought October, it always made me Money. So people are doing what their programed to do. We will rally in Nov-dec and buy Jan people will start saying the worst is over, and the fed will raise rates etc etc. Then when everyone has re-invested we get annhilated in may. JMHO. In any case if you want to go long something take a look at ROK, Trading at 1/2 its growth. In defense which will be very strong. As well they are partners in the IN Flight system's network that could be HUGE upside lift. There are ways to be defencive and bullish. I also think Oil services, and exploration is a good bet here.

To: Perspective who wrote (32038)	10/28/2000 12:10:08 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

A look at the S&P action with special attention to the next few days. Are we building for more down? homepages.go.com

To: Perspective who wrote (32038)	10/28/2000 5:33:00 PM
From: XBrit	Read Replies (2) \| Respond to of 436258

And yet I still can't convince the people around me that there's something to this whole TA thing I haven't been all that convinced about TA in the past. Lots of studies a few years back showed that TA didn't work. But recent studies show it HAS started working in the last few years. And you and the talented Mr Alias are also doing a lot to change my views. Intellectually it makes sense. When a market, particularly the Nasdaq, has totally lost touch with fundamentals, it's a basic human need to adopt SOME kind of framework to make sense of things. That's what gives rise to all religions, after all. Even if TA is silly, if it's the only analytic framework available and enough people follow it, then it becomes self-fulfilling. I think that has become true the past couple of years. By the same analysis, I'd predict that TA will once again STOP working when the market finally bottoms and fundamentals are once again relevant. Course that could be years away.