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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Doug who wrote (75183)4/17/2001 5:45:38 PM
From: Crimson Ghost  Read Replies (4) | Respond to of 99985
 
Bubble day valuations with NAZ under 2000? I don't think so.

Even if QQQ rallies to my 47-48 target, that is a far cry from the peak near 120. It will be a LONG time before QQQ sees 100 again under the best of circumstances.



To: Doug who wrote (75183)4/17/2001 6:04:33 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Doug what worries me more is the fact that even a drastic decline in financial markets did not restrain the WS speculators who are out in full force.

Again I think AG is to blame as all the liquidity provided is finding it's way to speculation and not real economy investments.

AG must be kicked out of office at the earliest. The FED has all the tools to channel funds to the economy and not financial speculation, but they take no action. It is a shame.

Haim