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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: LindyBill who wrote (48875)	5/2/2000 5:09:00 PM
From: Yogizuna	Read Replies (1) of 99985

It is also easy for bulls to scare people too, like when the Nasdaq was going parabolic north of 4000, and many bulls were out there scaring the investor that they "better get in now"! Forget about P/E's and the fact that many of the nas-junk stocks would never make one thin dime of profits, just hurry up and get in before it's too late! Yes, in fact, I would say that many perma-bulls are just as guilty if not more so than the perma-bears, because at least if you stay out of the market you still have your original cash position intact, probably in bonds, CD's or the money market, but if you bought the so-called "good quality high flyers" on their misguided bullish advice, you are now sitting with losses, in many cases, huge losses..... Yogi

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