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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: the Chief who wrote (134)6/2/2000 11:39:00 AM
From: Rextar98  Read Replies (1) of 234
 
The bears are calling this a 'dead cat' or a 'bear market rally'.

Here are some other quotes from the bear camps:

"the buying in the face of currency implosion is UFB!"

"Are you buying back those calls you sold last week?"

"Advance/decline also looks "painted"."

"we can go back to expanding the bubble now..."

"Think Like A Criminal"

"it's time to refocus the worry on lower corporate profit growth because of a slowing economy."

"factory orders down 4,8% ??? recessionville is calling..."

"Today was a setup, the employment numbers will tank the market again tomorrow.."

"This administration is heading the US economy straight into stagflation and then recession."

"It is amazing how little insight people have that they just want an excuse to buy for the sake of buying."

"The economy is now in trouble on the slowing side because the economy is slowing down all by itself before even feeling the effects of the first Fed rate increase 10 months ago."

"More Signs of Economy Slowing"

"Benkea connected with a softer dollar it is called DISTRIBUTION"

"Still looking for the dump following the end-of-the-month ramp job, gotta wait until Monday or Tuesday for it to start."

"<<I am hoping the market stays up today so that I can buy some bear funds real cheap in time for the big selloff I anticipate next week.>>"

"Stay tuned for the PPI next week and learn."

"no soft landing for the bubble economy."

(*Chief, you're no where near your 06/02/00 prediction!

{06/02/2000 : Nasdaq 3305.11 DOW : 10,420.34}

Right now we're at 10805.38 and 3770.47 - it looks like you are going to be wrong again unless we get a BIG ramp down at the close. I got my fingers crossed for ya!*)
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