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To: akmike who wrote (24084)8/29/2001 7:05:09 PM
From: sea_biscuit  Respond to of 25814
 
We are in a bear market, for sure. How long it will last is the issue, and the issue is still in doubt IMO.

I think it should last a while. We have to monitor Addi's postings closely. At some point, he will give up in disgust. That should be close enough to the bottom.

How low can the Nasdaq go from here? I think the Nasdaq 100 can easily lose 50% from current levels. Hopefully, the brick, carpet, insulation and paint companies (i.e. the kind of companies that actually earn money <g>) will keep the Composite above 1400.