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To: the Chief who wrote (48219)3/5/2001 9:14:25 AM
From: Andrew  Respond to of 62347
 
Capitulation. Bring up a 5 year monthly chart for ECO or K. I suspect that in a few years that is what charts for most tech stocks will look like. I dont believe we will have a one day capitulation bottom for stocks. The industry term "paper loses" is a joke. Lots of people have beeen wiped out, many more will be wiped out. Their paper money that they lost isn't going to be there to help pump stocks back up anytime soon.



To: the Chief who wrote (48219)3/5/2001 9:20:58 AM
From: bigbuk  Read Replies (1) | Respond to of 62347
 
Well bulls see the pot of gold at the end of rainbow. I see only a slight dim light.

Good Luck but we going down and may stay down for a long time. Anyone who thinks we gonna get a bull rally like the last 2 years better buy some GICs.

BB