SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (89625)1/19/2004 8:00:15 AM
From: GREENLAW4-7  Read Replies (1) | Respond to of 209892
 
OJ, NASD is on a very similar path as it had in 98. Then it went from 1400 to 2100 area in 6 months, it then retraced all of its gains in the the next 6 months before it headed back up to 2500 area.

As a layman that pays Highest Prop tax's, Highest Consumer goods prices, Highest Tuitions, Highest Insurance, Highest Med. Claims highest ene4gy costs, there is no way Greeny's eco games will not lead to one nasty recession and probably far worse then what we had some 2 years ago.

No question that far too many have too short memories to remember how fast these averages crashed in 98, and in 2000, and in 01. The next time we turn it will not be easy for so many to sell they will buy the dip as you state one more time on the way back to 1200 on the nasd.

I continue to use Japan as my model, it worked in 2000, and it will work again in 2004. Study the correlation it may change many Bulls here looking for 3000K to reconsider.