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


To: TobagoJack who wrote (1867)2/8/2001 2:19:29 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
A different movie script by CLSA ...

QUOTE
Subject: Nasdaq, a 20%+ rally expected

Cisco's results just about end the reporting system. This icon stock disappointed yet the key Nasdaq indices closed comfortably off their lows yesterday.

My view is that the January peaks mark only the first part of a first quarter rally on Nasdaq. I believe there is a very good chance that correction lows were seen yesterday and a move to new recovery highs are underway.

Consider the key indices:

Nasdaq Composite
3 January low: 2,252 to 24 January peak: 2,892 (640 points or a 28% advance)
From 2,892 to 7 February low: 2,555 (337 points, a 53% retracement-close to the important 50%- of the 2,252-2,892 rally)

Nasdaq 100
3 January low: 2,087 to 24 January peak: 2,772 (685 points or a 33% -one third-advance)
From 2,772 to 7 February low: 2,350 (422 points, a Fibonacci 62% retracement of the 2,087-2,772 rally)

It is no coincidence that the Nasdaq 100, the narrower index but with all the important icon stocks, traced out important relationships exactly. From a mass psychology point of view it is the more relevant index.

At yesterdays close both indices are close to short term oversold positions, an ideal position for the recovery rally to resume from. Measured move objectives point to 20%+ upside (3,195 for the Nasdaq Composite, 3,035 for the Nasdaq 100)

Asian investors (who share this view!) should consider stocks such as Samsung Electronics in Korea, Powerchip, TSMC, UMC and Via in Taiwan, China Mobile and Legend in Hong Kong, Chartered Semiconductor and Datacraft in Singapore.

Chris Roberts
Global Technical Strategist
UNQUOTE



To: TobagoJack who wrote (1867)2/8/2001 9:55:03 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
The last portion of the movie, sex, would be based on this spam e-mailed "speech" attributed to a high profile hypocrite that is part and parcel to the general rot.

QUOTE
Public Statement by the Rev. Jesse Jackson

Due to the great consternation caused by the revelation of my act of
procreation, I accept my obligation to give an explanation to the
population for my act of copulation. I gave in to temptation, for the
anticipation of sexual gratification, that I could not obtain through
masturbation despite years of frustration, resulting in my act of
fornication.

I accepted her invitation, and provided her with excitation,
stimulation, penetration, inebriation and relieved her constipation.
She provided lubrication (to avoid inflammation) and I wore condoms
(to avoid contamination). She cried for duplication, but I insisted upon
termination, in spite of her fascination with variation.

This has caused me great aggravation, and the agitation and
provocation of the media has resulted in my humiliation, denigration,
and degradation. My wife is considering castration, which would
require my hospitalization.

Pray that this matter will find culmination in my sanctification and
rehabilitation, so that my plans for nomination to my ultimate vocation
will not result in revocation and exasperation.

I hope this proclamation has provided illumination and confirmation.

Sincerely,

The Rev. Jesse Jackson
UNQUOTE