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


To: Bo_ who wrote (43266)4/10/2001 7:50:47 PM
From: couldawoulda  Read Replies (1) | Respond to of 49816
 
Hi Bo -

RB happened to be high on the markets back in November if I remember correctly. Sitting on cash for the last few months and will not budge until earnings in general confirm a change in trend in the economy. MOT's report this evening was pretty bad. More importantly will be their cc. tomorrow. Dan Nile's recent comments on the SOX wasn't very encouraging at all and the nas. continues to trade at or around 100 time earnings. Investors are being a little impatient right now, and for that I believe they will get burned for it. No point or incentive to jump anywhere right now. There's always money to be made in the market regardless of timing the bottom and tops correctly.