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To: FESHBACH_DISCIPLE who wrote (42277)11/5/2000 6:00:31 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Last April I would agree with you.

There is a lot of cash on the sidelines now that changes that equation.

The mania is probably 7/8ths gone by now. The amount of fear on the street is a good contrarian indicator and right now it's extremely high.

If anything we are closer to a recession than a mania.

JMHO

Eric