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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (19010)	2/20/2001 11:27:40 PM
From: JRI	Read Replies (1) \| Respond to of 19374

WS- Well, things would simply be easier if the Dow would cooperate...drop another couple hundred pts., and then, in unison with the Naz, drop hard (to 10k and below), as Naz is dropping to 2k and below.. There is a nice symettry (sp?)- a dark comment,for sure, but true I think- with the Dow breaking 10k and the Naz breaking 2k simultaneously...10,000 and 2,000...back to the 5-to-1 ratio that served us well for so many years.. Certainly, fear levels need to get up there.....Dow needs to go down...but I think we could see this, and the beginning of a broader capitulation...if not this week, by early March....and I think that will bring AG out of the woodwork, either via PPT or rate cut...regardless of this CPI.. WS- Let's agree to disagree on Greenspan and the Nasdaq...and let's just say that I think AG is a more political animal then we realise.......we'll see (soon enough)...continued happy and profitable investing...you've been a great help in the past!