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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: bill meehan who wrote (93207)4/11/2001 10:58:45 PM
From: XBrit  Read Replies (1) of 436258
 
<<I do think that many stocks, and, most likely the major market measures, have hit THE BOTTOM>>

Do you mean by that that we have now started a whole new full-scale bull market?

If so, I am amazed that you can come to that conclusion. Do you disbelieve the ECRI prediction that we are heading into a real, no-screwing-around recession? Do you believe we can get through a real recession with no significant pullback in the non-tech part of the SP500 from its bubble-inflated all-time high? Ex-tech, the rest of the market has hardly dropped at all, you know that right?

Please respond, I'm really surprised by your statement.

Disclosure: short DIA in size.
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