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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (40948)12/19/2000 5:29:20 PM
From: Robert O  Read Replies (2) | Respond to of 70976
 
Quite ALarming in its scope ... although talk about bottoming out!

In the span of nine months, the Nasdaq index that was once the proxy for the bull market has lost 50 percent of its value. It's also down 38 percent this year. Tuesday's losses, if they hold for seven trading sessions, would give the index its worst annual performance since the creation of the Nasdaq Stock Market in 1971.

RO



To: Proud_Infidel who wrote (40948)12/19/2000 8:41:42 PM
From: Gottfried  Respond to of 70976
 
Brian, thanks for your posts. >These guys don't need to go too far out on a limb with this prediction. Q1 isonly a week away!<

Not only that, their self promoting shows. Even if they were the only outfit to warn us in time: how could we possibly know THEY would be accurate.

I put less and less weight on forecasts.

Hang in there.

Gottfried