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I am still alive. ( not punning on the bombing)   Message List  
Reply | Forward Message #210 of 216 |
I suggest at the beginning of the year stocks would nothing, and to be only 25% invested in top tech stocks. http://groups.yahoo.com/group/OEXTrader/message/203?threaded=1&expand=1.  We are at  a very  critical point I believe. http://www.oextrader.com/oex/gann.gif.  With a daily chart suggesting, ( looks to be the 520-525 level) http://www.oextrader.com/oex/gann2.gif . We are at some key daily support levels. Make no mistake, with the events that just took place, don't be surprised  if the market does break through to the 325 levels where the market peaked in 1996, if support does not hold here. I think it may hold. The worst case scenario out of all this, is the market could get dragged to the 170 level, where  prices peaked in 1987, but only over the coming years. This should become support if the world does in fact go to the dogs of war.  Please don't construe this as being a suggestion of a crash, but the possibility is there in my humble opinion. I don't see this happening though. I think real estate is the best place to put ones money right now for the next five to ten years. I would continue to hold that 25% in techs as well.

We finally will be launching Zubee Online at the end of this month. We hope to sign up 1000 users by the end of the year. That is our goal, and we want to meet it to keep this site going. We will bring on some more writers next year as well if we meet some of our other goals. We are using top Networks - Qwest, Genuity, and Broadwing to bring you a quality product at a reasonable price of $12.99/Month. The first 1000 users that stay on our system for a year will become Zubee VIP members,  and we will issue a certificate in recognition of that at the end of their one year. We will try to offer the first 1000 Zubee VIP members,  free Internet access for life, if the company turns out to be a success at the end of next year. We currently have no plans to go public at this point.  What may happen next year is we may end up going into Europe as well. With the work load I have right now,  I don't believe I  will be going back to doing daily commentaries unless we higher some more support staff.

We thank you for your continued support.

Rick Pereira
OEXTrader.com

Tue Sep 18, 2001 9:30 am

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I suggest at the beginning of the year stocks would nothing, and to be only 25% invested in top tech stocks. ...
Rick Pereira
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Sep 18, 2001
10:53 am
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