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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (4289)11/10/2000 4:13:38 PM
From: Lane Hall-Witt  Read Replies (1) | Respond to of 8925
 
I hear you, Nicholas. What amazes me -- and I consider this to be scary as hell -- is that we have hardly even begun to see signs of "panic" or even serious concern about the state of the market. The VIX ranged around 32-33 all day, which is higher than usual, but little more than a yawn when you consider that the Nasdaq just dropped 5.3 percent to finish at a 52-week closing low. Maybe we won't see a panic of any kind, but how bad will it get if we do? The factors you've mentioned will probably give some people reason for caution.

Have a great weekend!