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To: Richnorth who wrote (62166)	12/21/2000 4:32:24 PM
From: long-gone	Respond to of 116954

The pain & suffering level in the Nasdaq! back in the 70's when the Nasdaq fell by near these %s, it took 6+ years to regain all the loss. Reasons why a massive fall today will be a shorter term than then?: 1. Total economy & population greater than in the 70's(more than double) 2. Nasdaq is mostly tech & our world is more tech with each passing year 3. The current administration will allow stock market investing by a whole new group of suckers er a "investors" thus acting a a buoy or float. This new group of investors my, though, be more conservative than the last.