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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: David R who wrote (93819)	11/29/2000 11:55:04 AM
From: swisstrader	Respond to of 769670

Very true...could be a terrific test for George Jr, but based on his prior business acumen, I would not hold my breath (or any positions!).

To: David R who wrote (93819)	11/29/2000 11:59:36 AM
From: Enam Luf	Respond to of 769670

Great point, David. The market (i assume that you refer to the NASDAQ, but that is neither here nor there) should never have gotten as high as it did. With, too much dumb money floating around, every began to think they were invincible market gurus (exemplified by the rise to stardome of sham stockpicker and former SI star Steve Harmon). As the liquidity crunch worsens, the body count will rise. In tech right now, private equity money is just now starting to hiccup (there is still tons available, but it is getting hard to raise more). When this 50+ billion dollar fountain slows to a trickle valuations will really come home to roost. Look for the NAS to bottom round 1800-2100 in a real capitulation selloff sometime over the next 8 months. JMHO.