Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: pater tenebrarum who wrote (5240)	12/13/2001 4:22:54 AM
From: LTK007	Read Replies (1) of 36161

an excellent post Heinz and i attach to your post a response to those that have responded with a "it isn't going to be that bad attitude" to your post:) My response--well i will throw in my counter opinion,and say we see new lows in the spring coming off this idiots' rally that could last through January.Then we get another run up and then we will see(Roach of MSDW anticipates a GDP fake-out mid-year due to inventory adjustments that will fuel another false rally).And i quote what Laszlo Birinyi(the inventor of MoneyFlow,by the way,and a hard-core pragmatist that is presently long the market) said yesterday on Bloomberg TV(because i agree with it:).And that is he sees the next 10years as a swing traders market and in that 10years LTBH investors will be going nowhere--just 10 wasted,if not disastrous years.Max

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