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To: kodiak_bull who wrote (79076)11/15/2000 12:48:53 PM
From: jim black  Read Replies (2) | Respond to of 95453
 
NAZ rally good question. Just browsing at Insidertrader.com and found that one insider at CSCO filed to sell 500,000 shares! as recent as Oct 31st. This IS a scary market. I think Slider is quite sane to put his big chunks into cash, even at these levels. Quo vadis oil, NG, gold, the dollar, the euro, etc.,etc.,...As I peruse the posts on this and other boards I get the impression that even the most ardent students of history cannot tell us what the market, oil, gold or anything else is going to do. We should IMHO be prepared to be surprised. I remember with crystal clear accuracy what the MM were saying in last few weeks on CNBC, BUY FINANCIALS!! Idiots! On the other hand some of the folks on the Coming Collapse of 2001 board talk like we're at the End of Days like they can't wait for it to happen.
I am 58 yr old and have been investing since 1972 and I have
never seen a market as insane as this one. I get solace from a saying from my med school days. A senior surgery professor
told us in a droll tone, (in retrospect clearly watching for the thundering laughter, but he later expalined it always took a while for it to register.)
"Take heart," he said. "Eventually all bleeding stops."
Jim Black