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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: marginmike who wrote (20059)11/28/2000 12:49:10 PM
From: limtex   of 65232
 
mm how do you justify 2,200 at this time when when we weren't in an incipient recession the NAZ was below 2,000?

It surely can't bottom till 30% to 40% below that level? Further this is no ordinary correction. We had the biggest run up in history and this except for you is the musical chairs bit when the music stops. We are going to get clobbered and badly. Too scared to get out is what does it.

The market always takes it all back.

Best regards,

L
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