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To: Boplicity who wrote (13009)4/23/2001 9:17:14 PM
From: t2  Read Replies (1) | Respond to of 13572
 
Greg, What do you think about the Nasdaq right now? I was very bullish up until end of last week. Was a little suprised by Friday's pullback and now have less confidence in a sharp rally to continue.

This week looks pretty tough. The drop today was a bit too much. Another drop to below 2000, and we are heading down a little further.

Still think there is now plenty of cash out there to support the market. Bears still very skeptical...is a good thing. I bet many shorts got in late last week and also today.

News getting a bit better..bottoming out of certain businesses is a good sign; means recovery could be around the corner and market moves up ahead of it.

What are your thoughts?

(formerly t2)