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

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To: Terry Whitman who wrote (85051)3/24/2001 3:15:07 PM
From: AllansAlias  Read Replies (2) of 436258
 
Someone who had $800,000 to lose is not the sort of sign of desperation that one looks for in a bottom. This is a luxury loss. When folks stop buying the dip with their little stashes of $5,000 and $10,000 and feed that equities are evil, then we'll have something to build on. Yes, it is a very sad story and one can not help but feel compassion for their situation.

IMO, you underestimate how high we went. If you are betting that this will be the first controlled bubble bursting in history, then you have chosen to play some very long odds. My goodness Terry, the bull is hardly dented. Get back to me when the 1982 trendline is behind us and we get fairly well inside the gray channel.

geocities.com

Anywhere inside said channel is still a bullish chart, just not a clown chart.
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