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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: reid brandon who wrote (2054)11/5/1998 5:31:00 AM
From: sea_urchin  Respond to of 81343
 
Reid : Re "The next thing is that some "event" will trigger a major sell-off that puts us down 20 - 30% and we will have seen a real bear market."

That's always a possibility which could happen any time. But, it would have to be a VERY big event to do that, especially now, after the downside has been tested and so many are still short and are expecting/hoping for the worst. I imagined that the drop of the past few months would have put the market down by even up to 50% and I was completely wrong!