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To: pater tenebrarum who wrote (48876)12/18/2000 5:47:33 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
Can AG use a falling dollars inflationary impact to help fight deflation?



To: pater tenebrarum who wrote (48876)12/18/2000 8:13:33 PM
From: Monty Lenard  Read Replies (3) | Respond to of 436258
 
i think the extent of the NDX decline has to be seen in the context of the size of the preceding blow-off...so far we're merely back to '99 levels. if there should be a recession, it's certainly not discounted yet.

Heinz, everytime I look at one that I THINK may be bottoming I look at a chart and say the same thing to myself that you said and back away. 99 levels are just not low enough. That is what is really scary about this thing...it may just be getting started yet it is so low I am afraid to short some of them. :-(

Monty