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Strategies & Market Trends : Sharck Soup

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To: Les H who wrote (15066)	4/5/2001 6:55:26 PM
From: American Spirit	Read Replies (1) of 37746

You shorts have been smart lately but you're ignoring the obvious now. It's been all overdone on the short side. Irrational exhuberance. Naz down more than 70%. Abby Joseph Cohen ain't no amateur and she called it 20% oversold weeks ago. Since then we're down even more even after today. Barton Biggs hates tech and said the best opportunities are in techs now. LU's 1.8 billion exposure to buyers is a partial write-off and was news 5 months ago. Can't squeeze water out of a stone. This could be the fastest most intense bear market ever. And it could be over now. Think about it.

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