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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (15615)	11/4/2001 9:39:01 PM
From: panteon	Read Replies (1) \| Respond to of 19633

I'll vote 50bp. I'm expecting this downturn to be like most others...bottom reached when market is historically undervalued(or at least less overvalued!) and investors are reluctant to buy stocks when there is less risk(as opposed to jumping in at the top). If this is right, and things are not "different this time", we go down. Of course, what happens between now and the bottom is anyone's guess. By the way, I did get a chance to visit GSPT, but had to sign a non-disclosure agreement. I can tell you, as you know already, it's a real business in a tough business. The receptionist is very pretty and they have 4 television monitors in the lobby focused on all the important sports stuff. Good thing, because I had to wait 30 min for my meeting.