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To: Frank Pembleton who wrote (92687)7/23/2001 12:40:09 PM
From: Sweet Ol  Read Replies (1) | Respond to of 95453
 
No, I mean that it has been going down only about 1/3 as long as the cycle is likely to last. However, OSX is down about 1/3 from its high. The previous low was 40, so we are 1/2 way to that low. I am not sure it will go that far down, but I think it will take time before it starts back up (disregarding tradable rallies, of course).

Best,
JRH