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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (780)11/20/2000 1:41:13 PM
From: Street Hawk  Read Replies (1) | Respond to of 74559
 
Weren't you on the other side of my NERX SS early this year?

Don't want to refute all your proud proclamations of making the right market calls, but you were going momo down the cliff in March and that's when it mattered. By April 12, much of the immediate damage had been done, as the Nasdaq went down from 5000 to 3750. In fact, August or almost anytime in September was a better SS point for the tech stock market than April 12. The reason being that not only were the levels a bit higher to short at, but the funds wouldn't have been needed from April on to August.

In response to your statement:

"Just to show you my theories and how early I was to the game..."

Maybe a bit too early(for the current meltdown) and a bit too late(for the late March, early April meltdown). Sorry, but I have to bust balls when I see fit.