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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (20310)6/26/2002 10:47:22 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Canuck, <<There isn't going to be a capitulation.
At least not like in the old days.>> I believe you are correct that the capitulation will not be like the dramatic old days. The cleansing will be slow, and thus deep and thorough, therefore excruciating and more damaging than usual. I am taking pages of script from the physics, chemistry and quantum mechanics topics.

In any case, Nasdaq is below 1400, and for all I know may go up 300 points by the time I wake from slumber.

Chugs, Jay