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To: The Freep who wrote (99197)5/3/2001 6:58:41 AM
From: robnhood  Respond to of 436258
 
Perhaps you are right..

however , there are definitely some points in there IMHO..

<<It would be more accurate to say, in my view, that much of the
market never abandoned their manic delusions, despite the 65% drop in the Nasdaq.>>

I believe this to be true, and needs to be dealt with.

<<As for the bulls, one can only assume that
stocks have shifted into much weaker hands in the last 4-6 weeks. Valuations remain
about as insane as they've ever been and the economic fundamentals are in my view
horrible and even in the mainstream view a little iffy. Any break in confidence could
therefore so easily reverberate between the markets and the real world in a sort of death
spiral. >>

Another paragraph that I agree with...



To: The Freep who wrote (99197)5/3/2001 7:31:36 AM
From: re3  Respond to of 436258
 
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