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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: At_The_Ask who wrote (145360)1/22/2002 10:06:56 PM
From: KeepItSimple  Read Replies (2) of 436258
 
We're going into the abyss.

Or maybe you thought those CNBC commercials -with their anchors telling everyone that the recession is over- is a sign of a bottom? LOL.

Check out a P/E on the nasdaq 100. It is off the scale, far higher than at the peak of the bubble. This market is toast- we're heading to fresh lows in a matter of days, not weeks.

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When should I cover and get long for a five day rally or so?
Do you anticipate one or do we just plunge straight back to the lows?
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