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To: ken-l who wrote (173)4/3/2001 1:03:42 AM
From: robert b furman  Read Replies (1) | Respond to of 470
 
Hi Auto,

Actually I think we might get a real slap down.I think as money must come out to pay the tax obligations from last years blowoff top,we will see a vix spike up to 50-60 and the put/call ratio spike as well.

I'm hoping for an ugly capitulation bottom that will allow some rebuilding of bases.I think a lot of funds are looking for it before they commit cash reserves.JHMO

Bob