Nasdaq

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The Nasdaq will be rangebound for the next two months and then begin another upward run in early March. Profit from the Prophet. Gold rebounds the week before 1/21 and watch PTIS.

-- Just John (John@theBaptist.net), January 03, 2000

Answers

The NASDAQ will collapse within 2 weeks, taking the DOW and S&P with it.

Once the selling starts, no force on earth will be able to restrain it.

-- Me (me@me.me), January 03, 2000.


Do you have any other stock picks we can follow in order to test your predictions?

-- grady bennett (grady@mindspring.com), January 03, 2000.

A mere 14 months ago the NASDAQ crashed to 1500 because of the 'Asian Flu'. The NASDAQ closed at 4131 today, even though 90% of the S&P stocks were down. With rising interest rates and any y2k problems from third world countries causing supply chain problems, we could see a major correction. And this could go on for several months, if not all year. I wouldn't go near this market without a parachute.

-- billy d (bdangelo1@home.com), January 03, 2000.

Me,

Were you the one that posted the remarks by one of Reagan's 2nd in command men that referred to the Central and South America banks and their likelyhood of failing?

If not, does anyone know where that link is????

Thanks in advance......

-- Vernon Hale (create@premiernet.net), January 03, 2000.


Twas me. Seek and ye shall find (I don't know where the darn thing went - look in "general awareness"?)

-- Me (me@me.me), January 03, 2000.


Hi, me:

I think the true global market test will come tomorrow when all of the banks and national stock markets are open, especially the ones which have been testing over the holidays.

-- dinosaur (dinosaur@williams-net.com), January 03, 2000.


me: Why do you predict within TWO WEEKS? The South and Central American bank failure domino effect?

-- dinosaur (dinosaur@williams-net.com), January 03, 2000.

me: Your earlier post is still on the list and hasn't yet been archived. And my questions still aren't answered. Oh well...

-- dinosaur (dinosaur@williams-net.com), January 03, 2000.

Just read Barron's tonight (only bearish financial rag around). Abelson showed a plot of the NASDAQ p/e ratio. During this decade it has risen from 20 to 170.

-- Dave (aaa@aaa.com), January 04, 2000.

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