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

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To: mishedlo who wrote (111647)7/8/2001 2:28:06 PM
From: Crimson Ghost  Read Replies (2) of 436258
 
The market could have a decent bounce any day now. But with the S&P 500 still 20% overvalued by the Fed's own model and the VIX still quite low around 25, I see all the major indexes testing their spring lows before too many weeks have passed. This decline will be much broader that the NAZ bust of the last year. Those who think old economy stocks will continue to hold are about to get a rude awakening IMHO.
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