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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: GTC Trader who wrote (9751)12/1/2001 5:40:46 AM
From: GTC Trader  Read Replies (2) of 99280
 
***From Lemetropolecafe.com:

"Interestingly, the biggest daily rallies in market history in percentage and absolute point terms occur in the midst of raging bear markets. The best performing NASDAQ days in history did not happen before March 2000 while the bubble mania still lived, but during the two massive bear market rallies in the first half of 2001. Bear market rallies are almost always extremely impressive and compelling!"
Adam Hamilton.

By Friday, I think we will know if we are in a baby bull or at the end of a bear market rally. Regardless of what we call it, the run-up from 9/21 was quite a ride! Congrats to those who rode it well, and consolations to those of us who didn't. May we all be better off for the experience.

Be careful out there - GTC
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