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


To: JRI who wrote (2493)3/21/2001 11:08:59 PM
From: bambs  Read Replies (4) | Respond to of 74559
 
i will just be scalping...and i am short the dow since the 50 cut...I don't want to cover..I figured we would at least sell down to 9000 test on this run. and maybe crash to 7800 ish...

csco is toast...intc too...pure garbage...i'm bored of bashing that crap...it's too easy now...it's all out in the open...even that mindmeld guy from the board sold.

I was thinking that it should be real interesting when sales of cell phones and the like report no growth year over year and actual show be having less sales in a big way. I also expect that when the economy slows more and the layoffs continue to pick up steam we will see people canceling their current cell phone plans...this won't look good, to say the least...they will likely shelf the 3G garbage and the chapter 11's will really begin to take off.

Junk bonds crash....etc.

to say the least i think things are going to get much much worse...the more we sell off, the more the economy will slow, more layoffs, more negative earnings, more bad debt, more junk bonds, more stocks sell off...etc...

oh and more lowering of rates...and printing of funny money...and energy problems..and inflation...and deflation in some areas...and manipulation...and lying...and manipulation...and calling of bottoms...and lies...and pain...and loss of faith in fools like greenscum....etc

bambs