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To: UnBelievable who wrote (54349)1/4/2001 10:12:11 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
As I said earlier today to heinz, I think tomorrow is the fulcrum. Today was meaningless. One could even call this pullback insignificant. However, I think it has to move up tomorrow for a variety of reasons. If it does not, then I will most likely change my thinking that this rally has a few hundred more points in it. For me, tomorrow is critical.



To: UnBelievable who wrote (54349)1/5/2001 8:56:02 AM
From: Earlie  Respond to of 436258
 
Un:

Excellent comments.

Personally, I believe that we are now well and truly into the downward spiral. If so, then the Fed can fiddle all it wants, but it will not be able to halt an inexorable catharsis of bad debt. Dominos are falling.

Best, Earlie