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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (50529)	3/26/2001 12:27:04 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

We are doooooomed

To: William H Huebl who wrote (50529)	3/26/2001 1:04:38 PM
From: Skeet Shipman	Read Replies (2) \| Respond to of 94695

Hi Bill, I never believed in overlays, especially 1929 overlays; they have been used too much in the past and never worked. <doomed> IT IS ALWAYS DIFFERENT THIS TIME! Somehow our and the world's financial system is stronger now. So don't panic we are NOT DOOMED! Skeet

To: William H Huebl who wrote (50529)	3/26/2001 4:21:12 PM
From: wallstreeter	Read Replies (1) \| Respond to of 94695

i will remember this post when the nasdaq recovers later this year and beginning of next year. Makes for very good humor. i wish i was an onstage comic lol wall

To: William H Huebl who wrote (50529)	3/26/2001 6:06:05 PM
From: David Lee Smith	Read Replies (3) \| Respond to of 94695

The market NEVER repeats itself. It always does the unexpected. It will either be much worse than 1929 or much better. I'm betting on the beginning of a new era similar to when automobiles were introduced. Technology is changing everything. Our economy is OK. What is not OK is investor ignorance of technology stocks. They became massively over-valued and just had a "story" to back them up. "Event driven" stocks with no value at all suckered people's money at an unbelievable pace. Even European investors fled to our markets to buy "technology" stocks. And of course I'm sure the Asian investors and banks also rushed into "tech mania." Welcome to the "tech bust!" Only a handful of these companies are likely to survive, especially if they need the capital markets for anything. The tech mania created many "young geniouses" who knew everything about the market and told you where to put your money in the latest tech craze. My question is are they humbled and now in cash wispering to no one? Or are these steeds fishing for the great bottom and big reversal to ever-new highs in the NAZ? The answer is that they've already doubled down on their biggest losers and recently lost their shirts AGAIN! But do they give up yet? NO! The latest craze is that they're going short and hedging!! (Where do they get all this money is what I want to know). They're shorting the QQQ, Spiders, and favorite tech stocks like CSCO and EMC. Alas, the young stud says, I don't care what the markets do, I'm hedged! There in lies hope for a new rebound in the markets. The markets are likely to "squeeze" out the youngbloods until they bleed. The pros are out of this game. The new kids will chicken out easy. Watch for sharp upswings in the stock market, followed by marginal new lows, like Chinese torture. Until every last cent is taken from the new comers to the market, the bottom will not have been reached. I expect it will take several years until the NAZ finally bottoms. At that time, no one will dare short it and no one will dare want to own it. 1929 will lose out to the famous Crash of 2001, unless Mr. George W. can live up to his middle initial!