bottom nearing?

Michael Pollak mpollak at panix.com
Fri Jul 19 10:49:00 PDT 2002



> Doug wrote:
>
> > Calls from reporters, some of them mainstream, have been picking up.
> > So by that indicator, the markets may be close to a bottom. But if
> > this is really a long-term bear market (which I think it is), that
> > indicator, discovered during a great bull market, may not work as
> > well.
>
> I replied:
>
> No, but it might still indicate a short-term bottom, which is an even
> more marketable thing to know in bear market times.

I continue: Come to think of it -- didn't you last get calls just after September 11th? Which was the last local minima. You don't keep records of these things, do you?

Michael



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