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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (134608)11/15/2001 4:11:05 PM
From: marginmike  Read Replies (2) of 436258
 
not entirely true the Real estate, art, and Auto biz is still quite strong. It seems telecolm is the only area where weakness has been contained. In 98 this was the same. The news was terrible but there was no real recession or pullback in biz. I still think this ends in the spring, but I am long until comp. I remember buying heavily in 98 cause I realized it just wasnt that bad to justify the gloom. I am an ART DEALER and if my business is booming people are not tightening their wallet's. I am also looking for a 1.5-2.5 mill house, theres nothing out there, no distress at all. Maybee 2000 was like 1987 and the real recession come 3-4 years later. I dont know I am perplexed, but wont fight the tape. As long as VIX stayus close to 30 I am long. I see VIX 24 or lower ill get out.
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