Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (3677)	5/16/2001 11:54:30 PM
From: pezz	Read Replies (2) of 74559

Jay in your optimistic post your reasons were why the mkt wasn't going down. I admit your arguments against yourself were well done....... But I say that the burden of proof is on the Bears......You must tell me why it is going down.Not why it isn't going up. History since WW 2 is on the side of the Bulls.Nothing anybody on this thread has convinced me that this time is different.The flaw that I see in the argument of the Bears is that it's the same one I see at the end of every bear mkt."Inflation is coming"......Where is the evidence?..."recession is coming" ...We've had'em before...."29 revisited".....How so?....Every Bull mkt has enough speculation that it is called a "mania". <<EDIT: let us not spend any time debating whether inflation is worsening or not]>> As you wish but t'would seem to be the crux of you argument I think that the thread is quiet because [dare I say it? ]some are losing the 'faith' BTW never had a ten bagger myself......long time ago had a 5 bagger . Once had a 3 and a coupla 1's. Had most of my success with lotsa 20-30% gains........Can't seem to hold on long enough for a ten....I can dream though........in fact I do.

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