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Strategies & Market Trends : Waiting for the big Kahuna
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To: Oeconomicus who wrote (55151)9/20/2001 5:46:37 PM
From: Real Man   of 94695
 
Another one was the trading volume against the GDP. Also indicates mania levels in 2000, double or triple the levels of 1929. I don't have the graph now. I'm not trying to predict where this bear will go, but there is every evidence out there that indicates that it will be the mother of all bears, and it's just not right to think that a 30% Dow Jones haircut will do it! Since we are not in the continuation of the bull market, selling all rallies is more appropriate, just like buying all dips was right during the great bull market of 1982-2000. I think this bear will turn out to be more scary than the Great Depression. BWDIK.
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