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To: Road Walker who wrote (79718)	5/8/2002 11:44:41 AM
From: Jim McMannis	Read Replies (2) \| Respond to of 275872

RE:"Well, if your claim that the NASDAQ is mirroring the DOW to 1933, then I would put all your beans into technology stocks, for the triple that will take place in the next three years." That's when the chart ended (I'm sure you remember Jeff Little from Prodigy). The interesting thing was the similarity of the chart patterns. It also suggests we have a little more bottom searching left. If the DOW and RE market were already tanked I say yeah, it's a bottom. They aren't so that makes it harder. As for tech stocks, it's never easy. I suppose you could buy the big names or figure out the NEXT microsofts and Intels (much harder). Or you could always buy AMD if you want no return over 20 years. Jim RE:"Barton Biggs, Calling for a double in the NDX, starting in days, weeks or months.? Well, which is it?

To: Road Walker who wrote (79718)	5/8/2002 12:47:35 PM
From: andreas_wonisch	Respond to of 275872

John, Re: Well, if your claim that the NASDAQ is mirroring the DOW to 1933, then I would put all your beans into technology stocks, for the triple that will take place in the next three years. If the NASDAQ is mirroring the DOW crash of '29 I'd wait another one or two years before heavily investing again: zealllc.com Although I have to admit that a NASDAQ at 500 sounds unbelievable right now. OTOH the current average PE is around 60 -- three times as much as the historic norm. We have to see if either falling stock prices or rising EPS (read: economic recovery) will bring PEs to more reasonable levels. BTW, from the same site a good article about lessons from the bust: zealllc.com Andreas