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


To: Bob B. who wrote (68325)2/2/2001 4:28:00 PM
From: $Mogul  Respond to of 99985
 
Sure Bob, happy to... Nas was up 26% before today... it will be lucky to be up 10-15% this year. I stick by my targets.... as i see no way of avoiding a hard landing, even with the cuts...media and hype says different.... i go with my research.

Hopefully these companies earnings can recover and show signs of improvement by Q4. The int. rate cuts do help the environment down the road..which is indeed encouraging. But people buy stocks long for increased earnings and growth..something that is just not happening currently.

Bob, as others are telling you they are going 100% margin long or something outrageous like that as we just saw yesterday.. I was continuing to load shorts... at Nas 26% on the year., and had a huge day and so far a great 01"....
This is a trading year... not breakouts either way..need to rebuild and restructure many companies as well as the economy to get them back on track.

Hope that helps.

-Mogul