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To: Guy Gordon who wrote (463)	4/18/2000 4:30:00 PM
From: Don Miller	Respond to of 1805

I think you could have some more shots at it. CNBC interviewed Bollinger today. He said there is an 85% chance we will revisit Friday's NAS low. He showed data where the most recent correction took 40-50 days to play out, visiting the low several times. The other prior dips took a lot longer. Internet seems to shortening corrections in general. My Brother-in-law just quoted this one to me, without a source.- "After all the damage suffered over the past weeks, market pundits believe it will take some time for the damage to be repaired. "A bear market should not end in a month and a half. It should take four to five months to clear out the excesses," said Bill O'Neil, founder and chairman of Investor's Business Daily. Thus, be ready to see prices whipsaw back and forth as the markets "base" and prepare for their next lasting advance. O'Neil remains bullish for the long term. "Technology and the Internet are here to stay," he said. Once the healthy process of washing out the excesses takes place, he sees a roaring bull market returning in the fall. O'Neil suggests that investors still on margin or fully invested use rallies to decrease their leverage. "