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To: Lucretius who wrote (7514)2/7/2000 7:08:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 42523
 
to tell you the truth, this is really a matter that should become the new focus of our debates...i.e. can serious (20%+) market declines actually still happen?
look at it this way: any drop of 10% or more immediately leads to bubble boy airdrops as we all know too well. fact is, EVERYBODY knows it, thus no-one's afraid anymore to immediately buy any 5-10% dip. the recent NAZ gyrations prove it.
thus the question is, can declines of appreciable swiftness and magnitude actually still happen?
if you think yes, tell me how and why. i will then tell you why not...<ggg>