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


To: bobby beara who wrote (59588)11/12/2000 8:11:10 AM
From: Poet  Read Replies (3) | Respond to of 63513
 
Yikes, bb, that's one scary post for the longs, but I'm beginning to agree with you. I'm watching CNN and they've just announced that Palm Beach Cty. voted for a complete manual count of ALL 425k votes there. Since the last count took 10 hours, CNN predicts this one will take (gulp) 14 days.

I'm curious, which stocks do you still think are high flyers? Seems to me that just about everything's been taken down a few notches.



To: bobby beara who wrote (59588)11/13/2000 2:01:56 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
bb,
just felt like i belonged here - ho ho ho.
LOL!! Well, you are certainly welcome here. Always have respected your analysis.

but nothing healthy about the rise or fall of the mighty nasdaq.
The rise was manic, the fall had to be dramatic as well. I think that we got close enough to the 50% retracement level for government work. At this point, I believe that any news related to the election will be viewed as positive and therefore it is buy time right now (at least for the short term). I agree that the rise wasn't healthy, but on the other hand, I think that the correction is healthy, however painful. I also don't believe that this will be a protracted bear as I believe that the cycles have become much more compressed. Personally, I am looking forward to the next speculative bubble<g>

I bought this morning.


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