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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (2539)5/10/2002 6:05:19 PM
From: da_cheif™  Read Replies (2) | Respond to of 208342
 
"ibm and msft near sept lows".....think about it....just more ammunition bein ratchetted into the breach of the dows cannon (down follows up and up follows down)...in 87 the king of bears sed "i give the dow only a 10% chance of ever seeing 2700 again"....and can u believe it...da dumazz is still bearish....lol..this is done in a rotational process....dow component mmm a case in point....bottomed at 86...cant climb amountain till ya go back to the valley to take a rest and gather ur strength.....remember ibm durin the mother of all bull markets crashed to 38 or so...that helped keep da bears bearish....but the name of the stock in da dow is imaterial.....each one gets the same weight...so who gives a chit wat stock duz wat...dats wat da clx is allabout...