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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (12183)	4/2/2001 10:27:20 PM
From: Sam Sara	Read Replies (1) \| Respond to of 13572

The analogy of the Titanic to what is unfolding is most apt. The market hit the iceberg long ago, and has been slowly sinking, despite what has been told the passengers. The rich and connected left long ago, and are in the lifeboats sipping their whiskey, warm in their blankets. The only ones left behind now are the bag-holders, and it is only starting to dawn on them that there are no more lifeboats. Financials are next in line for a pasting, and if we get more confessions like ARBA, tech will remain a killing zone. After a nice flush, a sharp rally, what else, and then we can repeat the show. Naz 1500 is a given. Naz 1250 is probable. Naz 500-800 is possible. A friend's broker called him and told him to think about selling some tech. My friend's response? "Too late now". We are not close to the true bottom as long as people continue to think that way.