|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2614.3500" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>
<DIV>Good news for the scared longs, I do believe that the Fed's Plunge
Protection Team is anxiously watching the market and will be buying this week to
prevent the whole ponzi-scheme from coming unraveled. They will support
the market by buying futures (as I believe they did the day the Nasdaq dropped
500 a week ago). But the good news will not last long, as the mutual fund
inflows are likely already spent ($14 billion) and now in the pockets of
shorts, the get-rich mentality of the burned daytraders has changed, and the
lock-up period for a massive pile of stock ($150 Billion) of last year's
Internet IPOs (250 last year alone) is upon us, and productivity numbers are due
out May 14th (and it should be judgement day). I would(will) be
a seller of any rallies for the near term, especially stocks that have not yet
suffered major drops that are sitting on a mountain of gains.</DIV>
<DIV> </DIV>
<DIV>and the sheep shall be shorn.........</DIV>
<DIV><A
href="http://www.itulip.com/sheeple.html";>http://www.itulip.com/sheeple.html</A></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV>Quotation of the day -- from the Motley Fool Bulletin Board</DIV>
<DIV>"As I sit tonight - I have no shares of Celera in my account and
an<BR>account that was worth almost $60,000 and was full of 6
promising,<BR>fantastic stocks is now worth $0." </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2>Definition of the day</FONT></DIV>
<DIV><FONT color=#ff0000 size=2>Panic</FONT></DIV>
<DIV><FONT size=2>panicn1 : a sudden overpowering fright; esp : a sudden
unreasoning terror often accompanied by mass flight 2 : a sudden widespread
fright concerning financial affairs and resulting in a depression of values
caused by violent measures for protection of securities or other property
</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV> </DIV></FONT></DIV></BODY></HTML>
</x-html>
Attachment Converted: "f:\eudora\attach\naspe.gif"
|