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To: kash johal who wrote (35146)4/6/2001 8:14:26 PM
From: TGPTNDRRespond to of 275872
 
Kash, Re: <Prices can whipsaw 10-15% daily.> Yes --

The swings are increasing in size. that's generally considered to be a bad sign.

An equivalent to '87 could happen(down 2500 points in a day would be about % wise equivalence).

The FED is being more perverse than it was when Alan first took over.

Or I may be the symbol or fact of the capitulation, and the time to *BUY* may be now.

But at 30X earnings, and perhaps even at 10, given my thoughts on the market I'm beginning to think net negative is right *FOR ME*.

tgptndr