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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: CharlieChina who wrote (1288)12/21/2000 11:28:11 AM
From: Erik T  Read Replies (1) of 74559
 
Nicholas, has anything changed in your view from earlier in the month? Curious why you see such a protracted decline. I agree that I think it will take a couple years for all the financial instabilities to work through the system, hence my guess of NASDAQ 1,800 within two years. I certainly did not think we would get this close this fast. What are you looking at now to give you this bear outlook?

Regards,

Erik
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