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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (3604)	10/1/1998 10:42:00 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 5676

I don't see the fear you refer to. People are still buying DELL at a PE of 80 and AMZN is still over 100. There isn't enough volume for the fear to be here yet. Either we are near the bottom of a large trading range or we have a long way down before the buy the dip crowd will get scared. Look at KEA chart, that is fear and a valid bottom. Just wish I had been watching at the time. The volume on that chart needs to be seen in the rest of the market. Until then, you haven't seen fear yet, just nervousness. I do think the chances are good we will get a short term bounce though. Good Luck, Lee