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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST
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To: Robert New who wrote (54661)6/20/2000 1:36:00 PM
From: eichler  Read Replies (2) of 99985
 
Hi R.N.

FWIW, As a relatively new trader that did very well during
the Dec-Mar run up and then lost half of my gains in the
2 mos. following....I have come to appreciate the value of
the "bearishness" of this thread. If I had been more open-minded earlier, my losses would have been cut much sooner.
It's one thing to have a positive outlook, quite another to
ignore the reality of a negative market. Why blame many of the learned contributors on this thread for seeing things as
they are? Also, it is interesting to note that who I thought
to be a perma-bear (beara) called for this current rally as
it began....knocked my socks off. You just never know!
Lessons:
Labeling contributors as bull/bear are not helpful assumptions.
Keeping an open-mind is the best defense against ignorance and stupidity.
Be willing to make $ up....and down.
Sincerely,
Eichler

P.S. I hardly consider this thread bearish anymore and if/when bearishness is "too much"...I listen!
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