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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Threei who wrote (8570)5/27/2000 11:07:00 AM
From: Jon Tara  Read Replies (5) of 18137
 
I think even that is overly-optimistic.

Clearly, there is no bottom in sight, when even the most pessimistic posters think this is nothing more than a typical summer doldrums.

The typical bear market lasts TWO YEARS. Some have lasted much longer (1929).

Nobody gets it - IT'S OVER. I'd guess that less than 5% of investors right now think that IT'S OVER. The bottom won't be hit until 80% or more believe that IT'S OVER and throw in the towell.

Now, I'll repeat the advice that was given me weeks ago when I mentioned that I had been doing nothing in the market because I only trade long. PRACTICE YOUR SHORT TECHNIQUE.

Otherwise, go ahead and take that vacation. But make it a long one. Mars, anyone?
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