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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (59553)	11/11/2000 2:08:21 AM
From: Archie Meeties	Read Replies (1) \| Respond to of 63513

FWIW I'm using GE, "the holiest of holy" as an indicator of when the bear is mostly finished. So far it hasn't really suffered tough love - DELL style. At a minimum GE below its fall 99 levels (35-40). Everything after that (and a considerable amount before) was just a massive FED engineered injection of y2k credit, which wasn't needed and never really taken away. BTW, loans used to finance equity purchases really ramped up in Sept. Only exceeded by 99 Dec borrowing by 1 or 2 billion dollars (of 65 or so)- this was a all time record. This suggests that the first nasdaq correction had little, if any, influence on investing behavior. It must have been viewed as an abberation, a freakish event. Instead, of course, the past 3 years are the freaky thing.

To: Jorj X Mckie who wrote (59553)	11/11/2000 10:23:17 PM
From: bobby beara	Read Replies (2) \| Respond to of 63513

>>>what brings you down here to the slums???>> i saw this thread at the top of the hot list and it had assorted nuts, just felt like i belonged here - ho ho ho. ??I still think that this is a healthy correction of the manic run to 5100>>> u know i'm a fan of bipolar disorders (takes one to know one -lol-, and the other side of manic is depressive, so was depressive of 98, followed by the manic of 2000 gonna now be followed by a depressive 2002, i don't know, but nothing healthy about the rise or fall of the mighty nasdaq. "don't confuse a brains with a bear market".>>> lol - remember every dawg has his day, the bullz had there's and now it's the bearz turn, but the only way you will see the level of cockiness from nas 5000 bullz by bearz, is to turn the run from the 98 lows upside down for the bearz. no way the bearz are that cocky. if my wave counts are correct we should be completing the last leg down from the 9/1 top now and this consolidation from the 18th lows was wave 4, now broken to new closing lows. the way i see the ndx has to give back all of it's gains from the october 99 low, i think we are setting up a down channel from the top using the jan/may lows on the bottom side and the march/sept tops on the high side. so that trendline comes in right at the area of the october 99 lows on ndx. after this fakeout rally there we are getting some fear and trepidation, i think we need a good strike below support to clean out the last sellers, there are too many high fliers that haven't corrected enough from my chart eyeballing. one more nutjob with an opinion - ho ho ho