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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (71684)	6/4/2001 6:01:24 PM
From: westpacific	Read Replies (2) \| Respond to of 122087

What is going on is that BUBBLE 2 is about to begin. 11,400 on the DOW 2,500 on the NAS And it is official!!! The scary part is that once we break 2500 on the NAS we have no serious resistance until 4000 to 4300. Sure you can find some around 3000, but that is not the serious resistance and could easily be broken. The FED has done their job, but only made things much worst longer term. The above of course not played out just yet, but beware that it could. What with people so convinced we have a bottom and there is value in this market. OF course this is not the case. Heck look at XLNX tonight, it pops on this crap news about meeting numbers, with a PE around 650. This is the insanity I see all over the charts right now. Careful on the short side. West