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Non-Tech : Invest / LTD
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To: Lucretius who wrote (10762)11/30/1999 10:34:00 PM
From: drsvelte  Read Replies (1) of 14427
 
"i hope to pick up NE at 7"

I see NE closed at about 27, so you are suggesting a 75% decline "in the next month or so." The bears' case for a collapsing US equities markets is predicated, to a major extent, on resurging Japanese, Asian, and European economies; declining dollar (vs yen) and repatriation of foreign currencies to homelands.

Yet concurrently, you see an absolute meltdown in oil services, just at the time economies globally (let alone the US) are starting to see major recoveries?

Something doesn't quite fit here, could you elaborate?
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