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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (39451)12/28/2000 7:44:30 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
Hey, these guys have to make earnings somehow and they already ran out of room using the old tricks. <g> We can't be allowed to have a down market, the national debt is at risk so I guess they will just give more smoke and mirrors to make sure things look good. I can hear it now, " We aren't in a recession, look how earnings have increased in all these techs!" Unbelievable! :^(

JRI - Heck if I know about RIMM. People have been trying to short that thing for months. It is like the internets of old. It makes no sense what so ever yet refuses to fall. It will someday but you could be broke by then. I don't chart it so I couldn't tell you when it will likely break down. The market is full of stupid stuff like that but I learned not to under estimate the stupidity of the American public long ago. NTAP stayed up for almost a full year despite obvious troubles in their 10Qs for two quarters. No one knows how to read one of those anymore though and the analysts aren't going to say anything bad about this stuff until they have pulled out. All you can do is wait until reality hits them in the head like a 2X4 between the eyes.

Good Luck,

Lee