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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (13150)	4/8/2002 3:12:25 AM
From: Warpfactor	Read Replies (1) \| Respond to of 23153

<<I'll let DB call the Naz chart, but I wouldn't be surprised to see it bust down through a lot of support. I've probably heard 5 or 6 times on financial TV how it makes no sense to invest in tech anymore.>> Hi KB Your comments seems contradictory? You expect that the NASDAQ will continue to crash downside support levels, yet TV financial analysts are saying tech is dead (a contrary indicator)? One thing that is widely predicted is that the markets will trend downward for the next 4-6 months while fundamentals play catchup with the index price levels. Some were calling for the spring rally before this occurs, but almost universal is this call for a return to post-Sept11 lows - or lower if you listen to SOB and his crowd. I'm beginning to question this wisdom, however it is evident that the NASDAQ is not technically in good shape currently. About the time I switch from an intermediate hold methodology to a short term singles hitter - that will be the time to return to the intermediate buynhold strategy. Can see it now, I will pick up KLAC and SEBL on a NASDAQ technical reversal signal. I will punch out with a 20% gain feeling pleased with myself. 6 months later I will be looking at lost doubles. Warp