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To: wlheatmoon who wrote (33699)5/18/2000 3:55:00 PM
From: MythMan  Read Replies (4) | Respond to of 42523
 
gfy -g-



To: wlheatmoon who wrote (33699)5/18/2000 4:23:00 PM
From: pater tenebrarum  Respond to of 42523
 
btw, they had a fund "manager" on earlier who argued that the next major move for the NAZ would be up, BECAUSE it has fallen 34% from top to trough. as if that was the relevant criterion upon which to base a judgment...it's of course utter nonsense. it's true, the next major move may well be up, but if so it will be because the Fed opens the spigot again. it has f*ck-all to do with from how high this ridiculous bubble began to fall...after all, the NAZ would still be overvalued at 2K, so it is most definitely overvalued now.