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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: lurqer who wrote (6256)10/6/2000 4:44:54 PM
From: Clappy  Read Replies (2) of 65232
 
Hi Lurqer,

Perhaps I've now graduated to 2nd grade, now.
:^)

I've been thinking.
There are many in the same boat as me.
Lots of us newbies got burned badly in March and May.
Those of us who survived it are perhaps a little wiser.
However, there hasn't been a new group to enter the market since then.
Therefore, the new threshold of pain will have to really hurt us bad again to get us to panic.
What does the market have in store for us?

Realistically, would capitulation occur when the stronger Naz stocks start to tumble?
BRCD, NTAP, RMBS, and several others have been holding support. Have all the bubbles popped?
I'm not sure if any of the Naz bubble stocks held up this past spring?
Only perhaps some of the Large Caps with reasonable earnings if I recall.

I think the only way the market can make me panic like last time is if we go through this earnings period and the end of year without a bull run on the market.
Either that or if we drop another 500 points from here.

Now, this being said...
The very fact that I'm beginning see a bearish picture and possibly doubt a Bull run into the end of year, tells me that the market is getting close to a bottom.

This market will never let me figure it all out.
Even when I use reverse psychology, it still out foxes me...

-ClappyTheDancingBear
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