Market Direction Predictions and BS guesses Message Board

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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: the Chief who wrote (136)	6/2/2000 12:58:00 PM
From: Rextar98	Read Replies (1) of 234

LOL! I couldn't agree more. Most things are stated in a way that leaves them an out if things don't go according to plan. I was going to compile a list of "Most often used CYA phrases", but that would waste too much bandwidth. What's so bad about being wrong??? I used to be a broker and my toughest clients were doctors. In their line of work, there are dire results if a mistake was made. When it comes to investing, you just have to be correct MOST of the time. I have been reading these threads for over two years. There are some VERY good observations and insights posted by some VERY intelligent people. I have a great appreciation for their work and have learned a great deal. One thing that bothered me though, they would gang up on any bull that wandered into camp and run them out of town. Options Jerry is one that comes to mind. He made some pretty damn good short term calls but eventually he threw in the towel. Seemed to me that as long as you were a bear, charts were not needed to support your cause. By comparison, I am a hack! I pretty much just lurk around for my own benefit. Having an economics/statistics background I find these bearish arguments compelling, but I just wish they would welcome some counter opinions. I feel that would strengthen the overall debate. My prediction for the markets???? Well.....let's see. My trading account and ROTH are long techs and my 401k is stuck in cash until I can get the roll over done. Should be complete next week. What will I do? Probably dump it all into the market and leave it there until retirement. I say we ramp up into the year 2020, with several major dips along the way. Dow 45,174.12 and NAZ 35,357.01. I will check back at age 54 to see how my predictions faired.

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