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To: robnhood who wrote (49420)12/20/2000 6:23:26 AM
From: Earlie  Respond to of 436258
 
RR:

Completely agree that we are approaching a "sea change" in investor attitudes. As noted, there has just been too much damage done. Any who are hopeful that Greenspan can avoid the looming iceberg have got their heads in the sand.

The fact that the margin situation has not yet kicked in to assist the flush, suggests to me that on the next big downdraft or its successor, we will REALLY see "capitulation" start to be defined. Until then, I suspect that we can just ride the roller coaster,......... a wild ride, with lots of bumps and turns, but gravity-driven nevertheless, hence downhill. (g)

Best, Earlie