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


To: Percival 917 who wrote (51064)4/13/2001 7:31:08 PM
From: Lucretius  Read Replies (1) | Respond to of 94695
 
what events? i believe drinking some of Jim Jones' special blend is an absolute requirement... LOL



To: Percival 917 who wrote (51064)4/13/2001 9:16:09 PM
From: Oeconomicus  Read Replies (1) | Respond to of 94695
 
ED, what does it matter what time frame or what events?

All GZ said was it'd get to 8500 BEFORE 850.

In other words...

... It ain't goin' to 850!!!

Clear 'nuf?

Go back to your kool-aid and glue bongs, and take the other end-of-the-world kooks with you.

... or as Vi would say, "-ggggg-" !!!

Bob



To: Percival 917 who wrote (51064)4/14/2001 8:58:47 AM
From: GROUND ZERO™  Respond to of 94695
 
Hi Ed,

I'm looking strictly at the charts... take a long look at the long term weekly and monthly charts and tell me if the pattern doesn't jump up and bite you..... there were hundreds and hundreds of Internet companies that fell by the wayside in the past year... this was the boom and bust phase, phase I of several phases that will eventually move higher... a few of the big ones and those with enough market share will emerge as giants in the next leg higher.... the very same thing happened in the U.S. auto industry in the beginning also... a century ago there were many auto makers, dozens of them, but only a few survived and emerged as giants for the next leg higher... the NAZ is a market of individual companies and the NAZ index will continue to represent the best performers..... unless you really think the Internet will fade out, the NAZ and tech stocks in general can only move higher in due time.....

GZ