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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Original Mad Dog who wrote (3463)2/13/2001 5:17:23 PM
From: Junkyardawg  Read Replies (1) of 15481
 
I don't know what it will take to get out of this.
IT is clear that the bears/shorts are in control of this market and they don't feel the need to cover. Hard for a stock to go up when you have a short seller for every buyer.

I think oil prices need to come down and earnings need to do well. Taxes should help but I think the Dem. will stall this thing out and it will be too late by the time they vote it in.

I aint smart. All I know is a lot of good people are ruined because of the actions of one crazy man with an ego. Why they can't just let the market take care of itself is beyond me. The market always knows whats best for it. Yes we had a bubble but is there anyone anywhere that doesn't really think that the market would have taken care of the bubble? You don't have to crash the economy to bust a bubble. Let the market shake things out.

OH well, enough of my bitching today.
dawg
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