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To: pater tenebrarum who wrote (12182)8/18/2000 5:00:01 PM
From: Ken98  Read Replies (1) | Respond to of 436258
 
What is Don Hayes saying these days? Didn't he also predict the spring decline and also call for a rally into July/August?



To: pater tenebrarum who wrote (12182)8/18/2000 5:45:35 PM
From: Zach E.  Read Replies (1) | Respond to of 436258
 
Heinz,

I agree that the NAZ will likely trace a similar path to that of the Nikkei (hopefully not with a similar 10-year recession afterwards).

Personally, I think that a potential catalyst for the decline (the SEC proposed "toughening" of accounting standards) may yet be a while off (I think that the latest deadline is around the end of the year, who knows when it will actually take effect).

Zach


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