Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: DebtBomb who wrote (83582)	6/23/2002 10:21:37 AM
From: ChrisJP	Read Replies (4) of 99280

Hey Dale, I gotta admit, I'm coming around to your point of view. High valuations, dropping dollar, still many companies trading that weren't profitable when they IPO'ed and never will be, foreigners pulling their money out of the US, gold on the rise ..... Jim Dines prophecies are starting to come true .... I guess until people want to own US stocks, they will head either sideways or down. I was kinda expecting sideways at this point. Like NASDAQ 1650 - 1900 for a year or two. Hint; That didn't happen. I keep forgetting that we're dealing with the inverse of the same mentality that caused the NASDAQ TO TRIPLE IN 18 MONTHS (Oct 1998 - March 2000). Or should I say the inverse of the "mental illness" ? Regards, Chris

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