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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Terry Whitman who wrote (84984)	3/24/2001 11:42:20 AM
From: long-gone	Read Replies (3) of 436258

<<http://chart.yahoo.com/t?a=12&b=20&c=69&d=03&e=23&f=72&g=w&s... The last time the SPX went down 8 weeks in a row, it was up 40% over the next 12 months. 101 - 72. So that's another argument in the bulls' favor. Of course it could be different this time... It could be 10 or 12 weeks in a row for all I know. ??>> Terry, About what I was speaking, is how far long was it from prior high until a new high was set? How long was "the average buy & hold" person in the red? Sentiment is a hard thing to gauge. How long until there were genuine profits showing for "the buy & holder"? longer range chart.yahoo.com People that sold in May 79 were got 99.08 Those that bought in October 65 paid 92.42 Yes, there were profits for those smart & lucky enough to buy at bottoms and sell at tops ALL those swings in between, but how many did? Think about the CARNAGE we've just seen in the NAZ! How long until it recovers?

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