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Pastimes : MELT-UP or MELT-DOWN: Cast your Vote -- Ignore unavailable to you. Want to Upgrade?

To: captaintime who wrote (70)	4/27/2002 10:26:14 PM
From: lifeisgood	Respond to of 361

Higher J.T. after a retest of September lows next 60 days I concur but add that the test will fail miserably, perhaps leading to the capitulation everyone has been talking about but few expect. After a huge and prolonged dive, the indices will recover and 80% - 100% gains off of the bottom will bring us back to where we are right now. For example, it wouldn't surprise me to see the Naz reach 800 - 1000 and then bounce to 1600 - 2000 by end of year 2003. Not sure how to characterize this position.... Way, way, slowly down, culminating in a crash but then much higher off of those lows by the time 18 months go by. best... LIG