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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (27945)1/27/2003 1:23:15 AM
From: Maurice Winn  Read Replies (2) of 74559
 
CB, it's like the second coming. Every few years, people rush up to the top of mountains - only to be disappointed. 3 years into a crash of epic proportions is a long time to wait for something serious to happen. People will get bored waiting.

The Dow is only down to 8,000 from 11,000. That's barely out of the ordinary. 9,000 would be the annual variation we should expect. Another 10% to 8,000 isn't worth writing home about.

It has only been the Nasdaq and the Biotelecosmictechdot.coms where anything significant happened.

Mqurice
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