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To: Peace who wrote (29969)9/15/2000 5:16:02 PM
From: lifeisgood  Respond to of 42787
 
I think we will rally next week

My opinion... Still way too much complacency. A slow bleed from here on forward is likely with a possible blow out capitulation below NAZ 3000. The drop in the NAZ from 4300 is nothing compared to what we'll see when margin calls start rolling in at low 3000's. When we see VIX in mid 30's, I'll consider changing my outlook.

Till then, 80% short from 4200.



To: Peace who wrote (29969)9/15/2000 5:41:09 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Peace, you are such an optimist! The bears are running this show. And why shouldn't they? The Euro and oil are on their side. The only problem is that oil is peaking and tech earnings will be great. Buy fear sell euphoria-- the b beara way