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Strategies & Market Trends : MDA - Market Direction Analysis

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To: bobby beara who wrote (74281)	4/6/2001 12:01:09 AM
From: TraderXx	Read Replies (2) of 99985

<<trader X, so did you get back today all the averaging down you been doing for the last two months you giddy bull you -lol- >> LOL.....Hmmm....do I detect 'o bit of sour grapes my friend? Actually I'm a trader so I will trade the trend be it long or short. But the funniest part is that you and your "bearish" comrades here are so surprised to find a bullish point of view when the nasdaq has dropped 70%!!....C'mon my man...thats insane and its the same thing as those investors thinking the naz was going to shoot to the moon. Its called being able to call the market without following the sheep. The market is rampant with guys who either called the "end of the world" or " buy now because its going to the moon". But c'mon Bobby....I'll bet my ass you guys were shorting the market in late '98 claiming "theres no way the valuations can sustain their prices!".."its the end of the world!!"....all the while covering your shorts eventually succumbing to the markets' advance. C'mon...admit it won't ya little friend? But you see you missed the whole ride up missing out on those huge profits. My point being that excessiveness does no good on either side dude. Its great to hear and read comments on this board about the future outlook about the economy, but just by the amount of bearish comments kinda makes me think. But then again....sometimes I hear such arrogant remarks about how certain the economy and the market is going to hell and its so unnecessary. The bottom line is that nobody knows whats going to happen in the future so all we can do is give our opinions about how all of us see it. The market works in these cycles and it will move up again I am 100% sure of it. Its just the nature of it. Until then I'll just trade the trend. Oh..by the way...did you get caught in the bloodbath today....or did you short some more?..you giddy bear you LOL TraderXx

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