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To: Chadick who wrote (7714)6/4/2002 10:20:48 PM
From: pbull  Read Replies (1) | Respond to of 13815
 
Now THAT is scary. Still, a market like we had today is what I suspect, with blue chips going nowhere or down, and money beginning to trickle back into growth instead of value names. The fundamentals haven't turned yet, but a lot of these stocks should begin a modest recovery. No Roman candles, just the usual ebb and flow of funds.
Only my opinion.

PB



To: Chadick who wrote (7714)6/4/2002 11:50:00 PM
From: Boplicity  Read Replies (1) | Respond to of 13815
 
The prophet has spoken. <g>

b



To: Chadick who wrote (7714)6/7/2002 3:14:46 PM
From: pbull  Respond to of 13815
 
Biggs predicted a retest of the September lows in the Barron's Roundtable last January, said he didn't know why, just that the market would go back down and that he thought the lows would hold. Well, I saw where the S&P is back to where it was on Sept. 27. So, I'm willing to count that as a rare good call.
"The market" is actually getting more stable, as the big value-oriented mutual funds support the blue chips that have been whacked (INTC among the latest).
I don't think this is a bottom, but it's a bottoming process, unlike the panic lows of last September.
All of the above is, of course, just a wild guess on my part.

PB