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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: bosquedog who wrote (9245)1/15/2001 2:20:29 PM
From: zebraspot  Read Replies (1) | Respond to of 14638
 
4/99..

Hays said in early '99 that most stocks had peaked, and even though that fact was being masked by the New Era speculative darlings, we were in a bear market for a couple of years. He said it would somewhat imitate the Japanese market top of ten years ago.
I believe he was proven correct. (If you didn't own some of the darlings in '99 and early '00, you were probably losing money in the markets)

He's looking for a couple/few months bounce here, and then back down again the rest of the year for the third and final capitulation stage of the bear market.