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To: Real Man who wrote (73709)7/20/2001 2:15:42 PM
From: Real Man  Respond to of 117013
 
A historic norm: A normal post-bubble reaction would take NASDAQ-100 BELOW pre-bubble (1994) lows of 350. How does that sound? Well, if not too grim, then pretty often it takes the index to about a 30-year bottom. 200? 100? Pick a number... -g- Well... maybe in constant dollars anyway -g- Oh, I just killed the decline -g-



To: Real Man who wrote (73709)7/20/2001 2:15:43 PM
From: Rarebird  Read Replies (3) | Respond to of 117013
 
Vi, I think you take yourself too seriously. If I remember correctly, you were the dude with the big yap who was telling me months ago not to take profits at 56/57 on the XAU(which I did) before it fell into the 40's. I sure missed out on those big gains you were hyping about back then! ROFL! Stop trying to classify and pigeonhole people and learn how to read what other people say.

I got more important things to dream about than the direction of the stock market. I'm 15% long, 15% short and 70% in cash. My fortunes aren't tied to whether the S@P rises or declines 20% next week. So, go peddle your hype to someone else.

You gotta a real Dream?

PS I think you are in for a rude awakening early next week if you think the G8 is going to bail you out of your long gold positions.



To: Real Man who wrote (73709)7/20/2001 2:18:41 PM
From: Ahda  Respond to of 117013
 
In conversations that i have been having with people the future is much more conservatively addressed than it use to be. The stock market has lost much of its appeal to many, the risk factor a clear reality.

I feel many young professionals are probably spending due to the hopeless feeling that comes with excessive costs in housing and all. This eases the frustration of reality that costs have gone beyond most means here in CA. Could very well be a drop in housing market will create a surge in the less avant guard investments.