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To: stockman_scott who wrote (7392)4/30/2002 6:09:55 PM
From: Boplicity  Read Replies (2) | Respond to of 13815
 
The naz looks like a spike from HELL and it will take years to remove the overhead. It might take 15, 20 years, maybe not even then, before the naz make another new high. A case can be made for support in the 800 to 600 area when one looks at the chart. Also, a case for the beginning of a Nikkei like downtrend can be made. That said, I see more of a endless like sideways market from here on out till something comes along and adds to the current picture. It the meantime, there are plenty of stocks that you can find that will give you 10, 15, 20% or more returns if you have your eyes open looking for them.

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