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


To: 1podstock who wrote (78737)6/14/2002 4:46:10 AM
From: Chispas  Respond to of 99280
 
1podstock, I can "relate" to that...

On the day last month when CSCO took that "strange" bounce...

A young friend ask me, "NT is $2.98, do you think that it
can go any lower?"...

Of course, I knew that NT was BK. So, I just "shrugged"
for an answer...(sigh)



To: 1podstock who wrote (78737)6/14/2002 10:14:20 AM
From: Ron Dior  Read Replies (1) | Respond to of 99280
 
Irrational exuberance moves in both directions. This is why the market cannot be known and why day trading is a sum loss game.

Ron Dior



To: 1podstock who wrote (78737)6/16/2002 4:49:25 AM
From: Psycho-Social  Respond to of 99280
 
PsychoSocial..it's amazing that people still keep saying we can't go lower.
I stand by my assessment, but if you read it carefully, you'll see that I'm speaking in terms of the decline since mid-May and only looking out a few weeks. I'm reserving judgment on what happens after that. My exposure to Tech is modest, at about 25% of my portfolio. Let's wait and see.