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To: Jerry Miller who wrote (41325)5/4/2000 8:28:00 AM
From: Zeev Hed  Respond to of 93625
 
Jerry, when cars were the "driver" of the economy, this approach made a lot of sense. This approach makes more sense, IMHO, than waiting to check if the Dow has gone under 9100, almost 25% off its top. Since in most "bad" bear markets, the dow declines between 40% to 60% off its last top, at 25% you already lost most of the gains.

Zeev