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Pastimes : Trading the markets.....

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To: Gersh Avery who wrote (4258)	4/2/2001 10:12:50 PM
From: robert b furman	Read Replies (1) of 4583

Hi Gersh, I can remember very vividly Mr (guru) Bill Hueb gggg saying he wasn't going long the market in 1998 because vgy 200 dma was going south. 200ma wasn't going up then and look what happened. Earnings will still occur. Tomorrow will use more chips and software and people/ businesses will pay for it. This is a test of support not the end of the world.This is a moment of fear that very directly offers maximum value. BUY LOW SELL HIGH and this isn't 1929. That was then - This is now. The rest is coincidence - JMHO Look at all the positive divergences. Many funds are quietly snapping up great financally strong companies. This is a bottom going in and I think will whiplash any shorts very powerfully after a capitulation reversal gets put in. BWDIK Bob

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