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To: Olu Emuleomo who wrote (111790)11/11/2000 11:31:27 PM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
>> Extreme pessimism is usually a sign that we are close to the bottom.

So far the 3000 level has held against several assaults. Though I would not be surprised if it got much lower. However, I am betting (my stocks, not beer) that this is the bottom. I read someone's analysis where Monday could be pretty ugly, and Tuesday even uglier. I hope not.



To: Olu Emuleomo who wrote (111790)11/12/2000 2:37:14 PM
From: Alomex  Respond to of 164684
 
Extreme pessimism is usually a sign that we are close to the bottom.

As a bear I tend to be ahead of the curve (which, unfortunately, often means I short too early).


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