Replies to post #1638 on Go.com

[harrytc1]

The market will go through rough rough rough waters in the near future,,,,,
Have you taken a look at the news lately?
"US for the first time since 1947 not having a seat for the UN human rights board".
"U.S. Loses Seat on UN Drug Policy Board".
"The Kioto issue".
"The China Issue"(the biggest future market of the world: see QCOM).
"The shield".
Oh and lets see the new proposal by Ramsfeld this Wednsday.
Got the message ?
Well the key word here is "ISOLATION".
Isolation in economic terms translates to death for NASDAQ and diabetes for DOW and some "HIGH HIGH HIGH BLOOD PRESSURE FOR GREENSPAN".
0.5 points drop in IR's on May 15???? Well do not be surprised if we see ZERO.....
Time to look up the names of the Congressman/woman and senator of your state.

[dejgaard]

Re: Opinions, please.

Something doesn't seem right...

You know, Daisy... I've tried to make sence of the Nasdaq for so long now, and I'm beginning to see myself like Dustin Hoffmans "Rainman" constantly repeating the line "but who's on first base?..."

Making sence of the Nasdaq, strikes me as being as futile as trying the find hidden clues in the Abbot & Costello comedy that can answer the question "who's on first base"...

Last time the Nasdaq got wings was after a third Greenspan ratehike (make sence of that, for starters...)
At that time, analysts were talking about the following mathematical principle: "3 ratehikes = 1 market crash", but they kept reiterating "Strong buy"s over the entire line.

Analysts rated INSP a "Strong buy" at $90-120.
When it fell below $10 they downgraded it to "Hold" on the reasons "We're not sure about the viability of their business model" (which hadn't changed...)
When it fell to $4, analysts said "It'll get worse before it gets better"
After bottoming at $1.5, it ran up to $4.5 and now analysts are saying "We see no reason why INSP should triple in value over just a few weeks and warn investors that this stock is overvalued..." (I reiterate: The same analysts had it as a "Strong buy" at $120)
KD