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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	3/25/2001 9:21:28 PM
From: Devin123	of 37746

So we are to believe it's a "bottom" because the NAZ had a slight comeback, the Dow had a big dip and recovery, and there's lots of pessimism out there?? Is that what the "bottom" is? -- some arbitrary number when everyone goes "wow, that's low. Time to buy!" ??? When I see continued troubles across the board with the fundamentals of companies; companies selling their stock in other companies to make earnings; financial institutions worldwide tightening their belts and asking for government help to keep their doors open or their currency stable, then I'm not so sure if I want to jump on the bull wagon quite yet. I have become too much of a trader to stay on one side, though, and will therefore move with the direction of the money, but I still believe after this current rally we will see lower lows. Not until bad news stops showing up on the doorstep on a daily basis will the bear finally go away... for a winter's sleep. And the earnings are just around the corner. They better hope the numbers make it.

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