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To: NOW who wrote (79657)3/14/2001 8:55:36 AM
From: pater tenebrarum  Respond to of 436258
 
well, i actually think we may be in for more of a pullback here...that's actually GOOD, as it keeps skepticism high, a necessary ingredient for beginning stage bull markets. i've always stressed that it will be psychologically difficult to sit tight, and yet that's what i intend to do. in the '93 bull e.g., the initial advance was given back almost entirely before lift-off. in '86 about half of it was given back - there's no way of telling what exactly will transpire this time.