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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: KevinMark who wrote (4769)11/20/2000 10:55:05 AM
From: Michael Watkins  Read Replies (1) | Respond to of 8925
 
Lets not forget there was a willing bunch of buyers who bought the hype, and the stocks. Analysts can't move price all on their own, someone has to believe them or believe that others will believe...

There was an overabundance of greed during the blow off... everyone expecting 25% returns per year or more. Forever.

LOL!



To: KevinMark who wrote (4769)11/20/2000 11:02:16 AM
From: CharlieChina  Read Replies (1) | Respond to of 8925
 
more food for thought ... a 60% retraction of the NASDAQ monthly chart from 1989 to 2000(the bull cycle) ... is about 2150 ... perhaps TECHNICAL fair value ...



To: KevinMark who wrote (4769)11/20/2000 3:35:36 PM
From: KevinMark  Respond to of 8925
 
Institutional pump is beginning to show some rust.


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