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To: BGR who wrote (77297)11/30/1999 9:13:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
i'm not suggesting the NAZ should go to zero. it should only go to fair value, which i estimate is at around 700 points or so. what it represents right now, i don't know. and nobody else does either, at that. all we know is it's been going up, so it must go up more, right?
<g>

hb

PS: don't worry, i don't think it will have fallen much below 300 points by the time the coming secular bear market ends...<ggg>