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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Devin123 who wrote (16255)4/14/2001 6:52:40 PM
From: GREENLAW4-7  Respond to of 37746
 
Regarding SOX index at bottom. I have said several times about 1995 levels in that index and the nasd at 500, look after the 87 crash and how low these stocks went in 90. People who bought at the crash in 87 were crushed by 89, 90. Look how long it took to come back!

SOX is the best short from this level period!



To: Devin123 who wrote (16255)4/14/2001 6:55:36 PM
From: Softechie  Read Replies (1) | Respond to of 37746
 
Ahhh...that saving rate is negative and most people put their money into stocks market and it got chopped good since 3/2000. I wouldn't doubt that people will cash in even more and build savings up again. The only way market can go up is to have more demand than supply. This time supply is abundance and the source of supply is on shaky financials ground.


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