Holy smokes!  Tomorrow is Good Friday.
I have to update today. If I were a good
boy, I'd have known that. Truth to tell,
it catches me every year.

Feeling the pressure of time (it's now
5:15, I should have been posting this
45 minutes ago), I'm going out on a limb:
We've hit bottom!!

Back in 2000, I called the bottom many,
many times. As I said then, I pinched
a lot of bottoms, but all I got was my
face slapped.

But this time I'm right. For evidence, I
cite Lanoptics (LNOP), as a microcosm
of the Telecosm. On December 27,
it reached a high of 15.17. Yesterday
it fell to 6.62. But today it closed at 7.90.
What clearer bottom could we have?

Here's to a good rest of the year,
as well as a good Friday.

 

Gilder Technology Index (GTI):  - 0.5%
Nasdaq Composite Index (NSD):  - 0.8%
S&P 500 Index (S&P):  - 1.5%

 

Week in Review: Another disappointing
week, but I'm still optimistic.