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To: skinowski who wrote (10375)8/19/2001 12:33:03 AM
From: JRI  Read Replies (3) | Respond to of 209892
 
Skin- It appears that the contrarian play REMAINS that this bear will last a lot longer than CW believes....

Anyone you've heard in the popular press believing this thing actually continues into next year? I haven't heard one...

Everyone claiming we've already hit bottom, or, worst-case scenario, we go double-test April...

A continuing, grinding bear is simply not believed...



To: skinowski who wrote (10375)8/19/2001 12:36:23 AM
From: Shack  Read Replies (1) | Respond to of 209892
 
Excellent skin, I truly enjoyed that and bookmarked it. The DOW was trading at a P/E of 6 at that time and things were still bleak. I can barely fathom that.

We are only in ankle deep blood right now, it needs to be up to our knees before I'll buy.