Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KymarFye who wrote (67665)	1/25/2001 8:46:39 PM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 99985

K- I agree, but the point I was trying to make and what I said back in September on RANDE's board is we are now in the midst of the fastest slow down in our economic expansion. Why can't this go on even if fed lowers by another 100 basis points? You must look at things differently if earnings are compressing we have 0- minimal growth. Without expanding earnings growth the nASD CANNOT support these levels PERIOD! Far too many amateur investors were not in the market in 87, 90, 94, 96. Most got in the market in late 97 and early 98 with the DOT.COM surge in popularity. I believe are economy is entitiled to a rest, and I mean at least 1-2 years!! Not of all negative earnings and 0 growth, but lower much lower then what we have had the last 6 years! Since most want NASD to go to 3000+ I do not see that anytime soon. Earnings will only get worse with tele-com coming soon, then we have earnings warnings all over again. I see sideways action between 2300-2650 for a while then a fast move to 1800-2200 in early spring with next quarters earnings.