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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (61717)5/4/2002 10:10:12 AM
From: XenaLives  Read Replies (2) | Respond to of 99280
 
I never ASSUME anything, I theorize. That means I will readily admit when wrong and use the theory to test existing data.

Actually, I think that the other times there was probably tape painting going on also. I think this entire economic "crisis" is contrived.

I don't check this site often, perhaps someone with more experience can tell us what this might mean:
dynamic.nasdaq.com

After hours there was a ton of selling at around 49.50. I think the MM's NEEDED MSFT TO CLOSE LOW.

At some point there will not be enough money being made in a declining market, or there will be a fear of killing the golden goose (the gullible public). That's when the market will reverse.

I think that time is very near for biotech, and probably so for the general market also. It is not unlikely, however, that biotech will get pumped and the techs will get creamed for a while longer.