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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Haim R. Branisteanu who wrote (78556)3/11/2001 7:43:47 PM
From: Zeev Hed  Read Replies (3) of 436258
 
Haim, and for a long time as well, I keep reminding people that between 1966 and 1982, the dow was stuck for 16 years in the 550 to 1050 range. I am not sure why people are worried that much about the last 100 or 300 naz points down, after we have aleady shaved more than 3000 points. I think that earnings are going to eventually catch up with price like they did in the 70' and early 80', and in the meanwhile the ebbs and flows of liquidity 9and other parameters) are going to get us into som bull moves followed by additional bear moves. Just a wild ride...

Zeev
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