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


To: Softechie who wrote (72147)3/14/2001 2:21:11 PM
From: Crystal ball  Read Replies (1) | Respond to of 99985
 
Sshhhhh Dinosaurs sleeping: Forget the DOW, the NASDAQ at 3000 way before DOW 11000. Nasdaq recovering, now down 30s, I think late day RALLY over Nasdaq 2000. DOW down with curbs, its your grandfather's oldsmobile (you know that defunct GM company trying to sell the last collector oldsmobile off the lot right now). High Techs with the future in mind is where it is and will be at. Jut stop, ask yourself, 15 years ago, the comparison used last night to compare P/E before the use of PEG ratios over 1, back then there was no internet, there were no or few cellphones, no laptops, no PDAs like PALM, we were back in the MSFT DOS age before windows, back when AAPL was giving us the xerox borrowed GUI that would some day become windows, for the very few 1% of us that had computers at all. So where will the future go from here: definitely more of the same, MORE decentralized products like PALMs with more power, more optic fibers delivering more data, more content, STORAGE of more information with companies like NTAP and emc and the like, more WIRELESS, more STAR TREK than you can think, more genetics, "DESIGNER GENES" instead of drugs, many other things you have to think about, before your realize that it is all also UNSTOPPABLE. So get on the bandwagon early, pick your instrument and start playing, unless you can sing, then sign by all means.
I am,
Truly your$,
-Crystal Ball
P.S. the 1.3 to 1.6 Trillion tax cut plan, now maybe 2 trillion ought to go straight to 3 trillion over 5 years instead of over 10 years, we can afford it, and it will bring the 10th year to us in the 5th year. Yes, I am a Time Warrior too.