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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (1479)3/12/2001 3:43:47 PM
From: robert b furman  Read Replies (1) of 12411
 
Hi Chip,

I have a more confident scenario.

However KEY to bottom being put in ,is the evolution of bearish opinions to finally projecting out that it is always ruined and there is no hope of recovery.

UNTIL THAT FEAR (OF NO RECOVERY) SPREADS WIDELY - NO CAPITULATION CAN OCCUR. WHEN IT DOES - YOU WON"T BELIEVE YOUR EYES.

lIKE A Kid in the candy store - great values like only you dreamed about. No BUYERS ALL BARGAINS.

We're getting close Vix is 34 ish it can pop to the 50/60 range in a bad morning.

NAZ BREAKS 2000 TODAY

DOW BREAKS 10,000 TOMORROW

MELT DOWN ON WEDNESDAY WIYH MIRACULOUS TURNAROUND WEDNESDAY.

Worse than that - call HUEB. He just bot Wall Street.<smile>

Breath deep , enjoy the show - it's history being made.

The key is to identify it's characteristice as you'll want to be a buyer the next time it occurs!!!(actually this time)

BOB
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