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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (11938)	3/26/2001 10:09:06 PM
From: mishedlo	Read Replies (2) of 13572

Greg, there is plenty of historical evidence that points to that. Have you looked at long term charts of the DOW? After every big boom there has been a 10 and sometimes 15 year bust. I am not saying we go down for those 5 years, I am suggesting that we more or less go sideways from here for 5 years. Look at the charts. Unfortunately we have not even stopped the decline yet. I am firmly convinced that the bottom is not in on the Naz and is not even close on the NYSE. Zeev sees a 5 year sideways action too I believe. So... Unfortunately yes. What I do not like is the choppiness of the market. I am not a good trader and I would rather we trend strongly. We do have a strong long term trend but the day to day stuff has me pulling my hair out both ways. I guess I better get used to it but having lost my ass last year I am too nervous for my own good (whether long or short). My plays with options, but keeping heavy in cash gives me comfort and I will contine to play that game until it stops working. M

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