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To: Doug who wrote (8416)1/6/2001 6:23:06 PM
From: P.M.Freedman  Read Replies (1) | Respond to of 11568
 
Will NAZ drop to 1850 as you predicted? I heard that from someone else half a month ago. He said NAZ will go to 1800, 50 points lower than yours 1850. From yesterday's closing 2407 to your 1850, there will be additional 23% to go down. It sounds pretty scary. Once NAZ dropped to 1850, do you think that's the bottom or keep sliding to 1500? Will 1500 is the final stop? Don't you think 1200 or 1000 sound even better? Get real!



To: Doug who wrote (8416)1/7/2001 10:47:13 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 11568
 
Hi Doug, Money's searching hard to find a new home. My one favorite measure of speculation just finally went to a bullish reading this last week. It means that speculation is essentially dead for right now.

My take is that we're at or near a market bottom. If you want to read about it go to
aim-users.com and look at the info on the Speculation component.

Best regards, Tom


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