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


To: GREENLAW4-7 who wrote (21517)5/9/2001 6:53:07 AM
From: DlphcOracl  Read Replies (1) | Respond to of 37746
 
Today's Morning Call

I agree entirely with greenlaw4-7 -- although NASDAQ is limit down, market will show "surprising strength" and recovery to finish either flat or slightly positive. Analysts and Wall St. have conditioned investors to believe we have seen the bottom and they will ignore bad news and buy the opening dip. Also, institutional investors will behave similarly.

We will have a real dip (10-20%) from current levels sometime this summer. I cannot tell when it will occur or what will precipitate it. Today ain't it, though.