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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (772)9/13/1999 10:15:00 PM
From: jttmab  Read Replies (1) | Respond to of 10713
 
Lee,

I don't think it [the mania] can last through the year; the last couple of weeks have convinced me of that. Though being a bull at heart it's difficult for me to subscribe to the more dire predictions I've seen on the Kahuna and MDA threads [I've lurked there on and off for awhile]. I think that the technicians combined with program trading will keep the markets from crashing too badly, e.g. -50%. I think that a 21% market correction is more likely the max. But I'm looking for confirming signals after the crest and bottom instead of trying to guess it in advance.

Good trading,
Jim