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To: PaperChase who wrote (71005)	10/22/1999 7:16:00 AM
From: Lucretius	Read Replies (2) \| Respond to of 86076

are you long yet or still twiddling your thumbs and posting here?

To: PaperChase who wrote (71005)	10/22/1999 7:49:00 AM
From: donald sew	Read Replies (1) \| Respond to of 86076

PaperChase, >>>> What do the bears now have to say about all those previous links posted here to the flashing crash warnings and the 1929/1999 DJIA overlay graphs? Sooner or later you have to say enough and change. Don't you guys ever buy puts on sector indexes? <<<< I am bearish and my position is that within 5 years the S&P should be trading back in the 15-20 P/E range; however I and many other bears have not yet called for a crash. Not all BEARS subscribe to the crash comparison. Thats like saying that all bulls subscribe to the opinion that the DOW will hit 36,000, or 15,000 now, before the end of the year. I would like to state that both the BEARs calling for a crash and BULLS calling for a huge up-move have been wrong since APRIL/MAY. It was mainly some BEARs who were calling for just a trading range during this period, and a few BULLs subscribe to such belief later. So since you attempted to say how wrong the BEARs were, I feel that the BEARS have been more right than wrong since APRIL/MAY than the BULLs. Remember most BULLs were calling for new highs across the board with some calling for extreme up moves, while the BEARs were split between a trading range and crash. Again I do recognized that some bulls also accepted the trading range position, but that was later. seeya