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To: 2Jedismom
I have Intel, Cisco and Amazon...all went UP today!!!!
2 posted on 10/03/2001 11:22:56 AM PDT by joyce11111
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To: joyce11111
The penultimate breath of "irrational exuberence"...market moved up last week, becuase of lots of portfolio adjusting for the 3rd quarter..."window dressing"..by the large institutional holders.....and lost of covering by short sellers...so this week, the little guys climbed aboard, and you're seeing selling into a little buying strength..i'll be over byb the end of the week......folks have tonbe finally disabused of the idea that buying on the dips always makes you money.....this time it won't.....then the towels get thrown in......look for S&P at 875...DOW at 6500, and NASDAQ at 1100...then we can get back to reasonable valuations.....
7 posted on 10/03/2001 11:30:43 AM PDT by ken5050
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