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

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To: AllansAlias who wrote (87484)3/29/2001 12:10:51 PM
From: chic_hearne  Read Replies (1) of 436258
 
How many times have we warned there will soon be a great rally lasting many months?

yeah, where is that rally?

BTW- there's a documented history of market guru's I've read about. I have no idea where I read it or how to dig up the info, but it goes something like this. Over the history of the markets, every 2-3 years a new investment fad takes over and guru's are made. As soon as the guru's start to get much notoriety, almost always it coincides with their "style" no longer working. A new breed of guru's takes over. Fortunes are made, fortunes are lost.

I'm in no way suggesting the CFZ isn't capable of adapting to the market. I'd like to think we all play the next few years correctly, or at least are conservative enough to make it through without too much pain.

My original point was that no one has any one to blame but the face in the mirror. It doesn't matter if you trade based on what the "angel's" are saying or sound logic like this thread. Both can be right or wrong and fly in the face of conventional wisdom at any point in time.
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