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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: bill meehan who wrote (93113)4/11/2001 6:00:02 PM
From: Shack  Read Replies (2) of 436258
 
Hi Bill. I think it is really just a question of time frame. If your clients are sold out at your targets, they will have done very well. Hell they would have made gains of near 20% which is a good year for anyone.

However, do you believe that earnings are likely to rebound in any meaningful way? And do you think valuations are still high? Your market call is based on technicals and sentiment which is fine as it is how most of us trade.

But I wonder if you believe that we have hit "THE BOTTOM" as the article seems to be imply. I still see a lot of downside risk here.
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