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To: HoodBuilder who wrote (3250)2/20/2003 3:18:28 PM
From: Softechie  Respond to of 11447
 
One more time of last hour rally...before death IMO...



To: HoodBuilder who wrote (3250)2/20/2003 3:20:45 PM
From: sa-mule  Respond to of 11447
 
i agree. eom



To: HoodBuilder who wrote (3250)2/20/2003 3:23:52 PM
From: Win-Lose-Draw  Respond to of 11447
 
what does valuation have to do with it? we're not even three years into this bear, there will be many intermediate bottoms between now and the final, "fair value" bottom.

look at how long it took the last bear market to get to "fair value"...well over a decade.



To: HoodBuilder who wrote (3250)2/20/2003 3:25:09 PM
From: Win-Lose-Draw  Respond to of 11447
 
imo you are not going to get that spike to mark the bottom. i base that on previous bears: a vix spike like you're asking for requires mega volatility and historically that does not happen at bear market bottoms.