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To: avanti77 who wrote (7618)12/16/2000 7:50:46 PM
From: mishedlo  Read Replies (4) | Respond to of 13572
 
Actually my name is Mike.
Glad you like my tips.
I am the harbinger of bad news because I really believe the Nas is going to 1900 next year.

I believe a TON of money can be made on this if I am right.
However, I am open to other opinions if I can be convinced I am wrong.

I have lost a ton of money as well.
Is that a reason to lose the rest of it?

If I am correct, the market is going to hell in a handbasket next year.

Tell me why I am wrong.
I am a bull at heart, but have a very badly wounded heart.
I need convincing that I am wrong.
Are financials headed down or not?
Why?

If they are headed down, is there something amoral about shorting them or buying puts?

Those shorting have killed me this year.
If you can't beat them join them.

Please do not stick your head in the sand and tough it out.
If I am right, next year will be far more brutal than I may be describing. Do you want to hide, or here what I have to say?

Why try an predict the bottoms when some stocks are still at absurd evaluations, regardless of how far they have fallen.

Look at the PEs of RIMM JNPR BRCD CSCO. Do these make any sense? I say they do not. Look at the runups in financials is this justified? If so why?

The ONLY counter-evidence that anyone can offer is a rate cut. Will it happen on time? Many are betting this year. I say now way. If it does, let's see how long the rally holds.
Even if does happen this year, is it too late? Will the market tank on more earnings scares next year? What the hell will happen when CSCO warns? Trust me. It's GOT To HAPPEN.

Help me out here.
WHY SHOULD I BE A BULL?
WHY ARE FINANCIALS NOT IN TROUBLE?

M