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

To: $Mogul who wrote (1286)	12/6/2000 2:47:10 AM
From: Softechie	Respond to of 74559

Mogul You're hitting the nail on the head! I totally agree with your post.

To: $Mogul who wrote (1286)	12/6/2000 2:59:56 AM
From: CharlieChina	Read Replies (1) \| Respond to of 74559

Was going to say the same as the previous post 10 minutes ago ... You, hit the nail right on the head with your post and the current sucker rally. One more good flushing needs to be inorder. However, within the next 2 to 2 1/2 weeks we might have to take another snapshot ... the atmosphere may change somewhat to justify a real rally, ... at least the VIX index is suggesting it as well as the wave counter .... December 22, 2000 seems to be a friendly date.

To: $Mogul who wrote (1286)	12/6/2000 9:13:17 AM
From: vampire	Respond to of 74559

How, pray tell, am I "missing the whole point" mr. 24 year old?? i suggest you reread my post - what do you disagree with??? I said short term we may have a rally due to year end (traditionally a strong period) and oversold technical condition but downturn will continue in 2001 why is AKAM "utter trash"?? just because a stock may be overvalued,doesn't make it "utter trash" does it? I personally think CSCO and ORCL are overvalued but certainly wouldn't call them "utter trash". Ah, to be 24 again (too bad youth is wasted on the young)

To: $Mogul who wrote (1286)	12/6/2000 9:43:12 AM
From: Hawkmoon	Respond to of 74559

irrational exuberance took center stage again.... Well, given the irrational despair brought about by this election debacle, I would call it about even. The markets have been VERY oversold technically speaking and it was only natural to expect a strong rally up to resistance levels and upper channel lines. The question is whether all of this money that is sitting on the sidelines in money market accounts will actually be put back into the markets. That's the immediate "liquidity" the markets are looking at, not any added liquidity from the Fed, which they know will come gradually later on. As rates are lowered and the demand for money increases, so will money supply. The key element is that the Fed is now officially on the side of the markets, ie.. lower rates. That should prove VERY bullish for some selected banks. Regards, Ron