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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Edwin S. Fujinaka who wrote (1032)	11/29/2000 9:04:11 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Welcome Edwin, my friend from Softbank. I just got back from Hangzhou and dropped into a movie party held by wife's club, Charlies Angels. Now I sit in front of my instant noodle and ready for NASDAQ watching. On the abyss, the one thing I learnt from the Asian crisis is that, mathematically, there is always another 50% slide possible, regardless of current level, and thus never to late to lighten up. When in doubt, revert back to traditional measures of value. I would be surprised if the market does not do a sizeable bounce before bubbling into the depth one more time, just as a ship that has been Mark II-ed, and so there may be a better exit point. Take care, Jay