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To: marginmike who wrote (54013)1/4/2001 11:34:02 AM
From: Perspective  Respond to of 436258
 
I peg yesterday as equivalent to the Nikkei rally on the first day of October, 1990. I see no 50% retracement, and that's why I finished covering today, and I'm contemplating a long position. However, my longs are always *investments*, and nothing at these prices yet represents investing, so I'll probably stand aside. I don't play greater fool games. I don't have the stomach to hold a position I don't believe in.

BC



To: marginmike who wrote (54013)1/4/2001 11:34:43 AM
From: Perspective  Read Replies (3) | Respond to of 436258
 
Does ANYONE know of a good source for daily data on the Nikkei for 1990-1992?

BC



To: marginmike who wrote (54013)1/4/2001 12:08:36 PM
From: pater tenebrarum  Respond to of 436258
 
yes, more or less right. that final drop should take the NAZ to 1000/1500 or thereabouts.