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To: Eric Wells who wrote (110442)10/13/2000 4:26:53 PM
From: Danny  Read Replies (5) | Respond to of 164684
 
Eric, to be honest, any claim of NASDAQ below 2000 sounds
absurd to me at this point. Even if war, recession does
come in 2001, I believe we can still find bottom
around 2000 level.

The reason I felt we were close to bottom in the last couple
days is the extreme negativeness, somtimes, desperation,
on this thread. I guess history lesson does make sense, ie,
the bottom is where nobody believes market could go higher.

241 point on NASDAQ, over 2B in volume. We have seen the
bottom!