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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Tim Bagwell who wrote (736)3/8/2001 4:28:51 PM
From: Wally Mastroly  Respond to of 10065
 
Lessons From the Folly: Opening the March 10, 2000 Time Capsule

thestreet.com

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Don't think Ralphie flip-flop would like the reminder from this excerpt:

"But the Senate committee's timing wasn't nearly as bad as that of
Prudential chief technical analyst Ralph Acampora. On March 10, the day
of the peak, Acampora forecast that the Nasdaq could surpass 6000 in the
next 12 to 18 months. Whoops. The following Monday the Comp teetered
and dropped as much as 205 during trading, closing down 141.

....Wednesday, the Nasdaq closed at 2223.92, down 56% from last year's high...."



To: Tim Bagwell who wrote (736)3/8/2001 5:32:55 PM
From: Wally Mastroly  Respond to of 10065
 
More on the current financial crisis in Japan - from another thread:

Message 15467718