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

To: tradermike_1999 who wrote (1546)	12/21/2000 9:52:45 PM
From: Rolla Coasta	Respond to of 74559

mike, I believe Naz is forming a bottom around 2200-2300 in the next few weeks after all the AMT option sellings is over by year end. Those option sellings in the past few months were purely from panic insiders' sellings for tax loss. Look at GSPN, I've seen this stock selling like crazy without any dead cat rebound. HLIT, another example, is much like CIEN in '98....it dipped and then have never looked back. I think once we past April, we probably will see the Bull charging up like we've never seen before, provided Greenspan does cut rates in aggression. Q

To: tradermike_1999 who wrote (1546)	12/22/2000 4:38:07 AM
From: Oblomov	Read Replies (1) \| Respond to of 74559

Mike, I have just finished Tom Frank's book. I have been a reader of The Baffler for 7 years or so, and have come to enjoy Frank's righteous indignation at the follies of business culture. But, founded as they are on leftist principles, his apparent prescriptions are risible. "Economic Democracy"? Does that mean that J6P gets to withdraw some money from my bank account for a nice weekend out? Or "borrow" some of my gold eagles when the economic tough love comes? The intellectual heirs of Karl Marx seem to share his confusion as to how the "late capitalist" marketplace can continue to operate despite its "internal contradictions". My leftist friends are now gleeful at what is occurring in the Nasdaq. They seem to think that the collapse results in a reduction of the concentration of economic power. This is simply not the case. The middle and lower-middle classes benefited most from the bull market, and are hurt the most by a bear market. Dr. Frank seems merely to relish the idea that the public might clamor for the socialist solution, as if that would somehow make his views "right".

To: tradermike_1999 who wrote (1546)	12/22/2000 9:50:23 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

A rate cut by Greenspan now would be criminal, as it will only allow the systemic ills to get worse. Should there be a rate cut, not taking the opportunity to sell down positions would be more criminal.

To: tradermike_1999 who wrote (1546)	12/25/2000 9:49:17 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 74559

Hey Mike!!... Gotta a coupla more 'plane plungers" for ya... These guys apparently fell of out planes just like that gal from HP... Signs of further chaos to come? Or were they merely the result of Acid trip flashbacks? (I can FLY, dude!!!) asia.dailynews.yahoo.com Two bodies found near London airport, both likely fell from planes LONDON, Dec 25 (AFP) - The body of a man was found Monday on a runway at Gatwick airport outside London, the second found near the airport in 24 hours, police said. Police said the man found at Gatwick had likely died after falling from a hiding place in the landing gear of a British Airways jet bound for Cancun, Mexico. "An object was seen, falling from the plane after it took off," Gatwick duty manager Mike Ingle told Sky News. Airport personnel later discovered it was a body. A police spokesman said an inquiry had been opened to determine the cause of the accident. A farmer found the body of another man who apparently fell from a plane on Sunday afternoon in a field on his farm near Rudgwick, southeast England, police said Monday. The man was aged 18 to 20, with a southern European appearance. The field lies under one of the flight paths used by planes from London's Heathrow and Gatwick airports. It had earlier been reported that the first man was found on Saturday afternoon. Ingle said there were "no reasons at all to suspect any link between those two incidents."