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Strategies & Market Trends : Waiting for the big Kahuna
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To: Real Man who wrote (55105)9/20/2001 10:10:26 AM
From: Real Man  Read Replies (1) of 94695
 
In Russia the bear market was over when they stopped calling "the bottom" and were very scared. Also when these guys showed up on Yahoo boards who no longer cared if it goes down, cause they thought at p/e of 1 it was cheap. I don't see anybody quitting calling the bottom yet, nor do I see these value guys anywhere. The market declined WELL BELOW where the bubble started. Using the timing provided there, we are in the process of the biggest decline, the second stage, when they sell because they lose hope it will go up.
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