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Pastimes : Home on the range where the buffalo roam
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To: Boplicity who wrote (12926)4/22/2001 11:52:53 PM
From: Zeev Hed  Read Replies (2) of 13572
 
Boplicity, I think you gave that same lecture January 31st (the bear is dead) (http://www.siliconinvestor.com/readmsg.aspx?msgid=15273177), but I keep remembering how bear market ends, not with a whisper like the March 22nd/April 4th period, they have two ways to die, either a slow elongated Chinese torture death (typical of a secular bear) or in an explosion of desperation in a cyclical bear like last May. We have had neither, IMHO, and valuations even if you assume a great next year, are still quite rich.

Zeev
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