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

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To: patricia c. reilly who wrote (87300)3/29/2001 12:41:08 AM
From: chic_hearne  Read Replies (4) of 436258
 
11 months in clown recovery and 2 months short thanks to CFZ

Trish,

I think this is a good read for you and anyone else out there reading.

I think the CFZ has had its hey day. We caught the middle of the decline big. In hindsight, it was so predictable and we all feel like geniuses. But the reality is we will likely get some type of violent snapback rally at some point, or will badly miss the bottom. We can't be right forever and it's a self fullfilling prophecy (or should I say self fullinging destruction?) to believe we will continue to be. Even Jesse Livermore went bust in 1933 as some have noted.

JMHO's of course:

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