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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (15338)7/20/2002 8:09:21 PM
From: The Ox  Respond to of 23153
 
The disconnect between the NASDAQ and the DJIA is still substantial. Either the NASDAQ is seriously undervalued or the DJIA has a lot more room to fall.

Everyday I have more anecdotal evidence that we are approaching the point where people have sworn of the market for good. I believe we need more time for the pitch to reach a deafening level. I've seen a few more calls lately for Greenspan to reduce rates further. There are a lot of folks who believe that we will are in the double dip recession scenario.