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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (37037)3/12/2001 11:47:44 PM
From: amadeus  Read Replies (1) | Respond to of 49816
 
saw that.. he seemed uncomfortable being reminded of those predictions today...

amazing that bush can't come forward
and give some leadership here, cause he's
been trashing the market for months now
to get his tax cut..

nothing left to save the naz really.
capitulation very close my guess.



To: 2MAR$ who wrote (37037)3/13/2001 12:00:57 AM
From: Ian McGuire  Read Replies (1) | Respond to of 49816
 
"that makes me want to short this market on any rise.."

couldn't agree more marsh....in an uptrending market we buy every dip till proven wrong once...in a downtrending market market we sell every rally till proven wrong once...not rocket science but highly effective if you have the discipline to hang in there...there's even more gravy if the trader is skilled and nimble such as yourself and able to play the reversal within the trend.....wouldn't be surprised if we get a chance soon, if not tomorrow, to put this into practice....the accelerated selling into the close smells of capitulation and may give rise to a covering bounce; retesting todays low in the coming days or weeks may be so ugly it may hurt our feelings..lol.....i



To: 2MAR$ who wrote (37037)3/13/2001 1:06:15 AM
From: KevinMark  Read Replies (1) | Respond to of 49816
 
>>>Who needs to watch "Survivor" on the tube , when you
have the NASD. It can get alot worse . But if you are
trading both ways and protecting yourself by holding
very little<<<

It will get alot worse. And, the days of 10 point movers in a day will be gone forever. The 100 point intraday swings will be a thing of the past. Soon, we'll be back to the days where a 40 point move on the Nasdaq was considered significant movement. Can't wait to see us bumping along around 1400 again, moving back up to 1600, then back down to 1500, and so on, and so on. Now that's when it will get exciting.



To: 2MAR$ who wrote (37037)3/13/2001 4:25:45 AM
From: SirRealist  Respond to of 49816
 
technology should be more than an endless fountain of
entertainment and the shits & giggles... it got pumped up into.


Bravo 2Mar$ ! Your analysis covered every base but energy... and the things governments do when desperate to climb out of deep recession, such as war.

The rise of the internet drove the enthusiasm to extremes and, coupled with the something-for-nothing young Net consumer philosophy, many tech companies have proven 'something-for-nothing' is an unsustainable business model.

It is in the Phoenix rising from the ashes to find the delivery of the real promises of tech.