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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (430)4/18/2001 8:10:28 AM
From: AugustWest  Read Replies (2) | Respond to of 1063
 
Abby Joe reducing her EOY targets on S&P and Dow.

S&P to 1550 from 1650
Dow 12500 from 13000.

I guess she wants to make the big lie a little more believable. I suppose I will have to be a trader (not a traitor<G>) today and drink some Kool Aid. At least for the morning. The drunk will wear off soon enough and there will likely he hell to pay for it. But after seeing the streets reactions to csco and intc, it's hard to believe big blue can do any wrong.

No reason to put myself into the poor house for my beliefs.



To: Stoctrash who wrote (430)4/18/2001 9:54:07 AM
From: im a survivor  Read Replies (1) | Respond to of 1063
 
So what do you make of all this Fred...all the stocks on my wish list have run away from me the last two weeks.....dont want to chase them, but then again, if the worst is over, I dont want to be screwed paying higher dollars for my wish list stocks........not sure what to do now.......rally has looked very impressive...all last week, and then this week, blowing off bad mews like it's nothing.........I have tad bit of cash I want to put to work, buy have been waiting to revisit 1600.......not so sure that will happen now....and if we hold above 2000, it could be very explosive to the upside...lots of shorts to cover, and lots of sideline money not wanting to miss the next wave up........I'm kicking myslef for passin on ntap at $12 and several others.....what do you make of this?

Thanks Keith