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Strategies & Market Trends : Paint The Table

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To: Lazarus_Long who wrote (13979)	2/11/2002 8:10:51 AM
From: Jorj X Mckie	Read Replies (2) of 23786

Gold 5000? NFW. Don't think that the dow gets to 3000 either...I think we are in agreement. I think that in the long run the market will continue the longterm trend up. I don't think that the overall market can ever really be a "secular bear". The general trend will always be up, but there will be cyclical bear markets and since the last bull cycle was substantial, the following bear market needs to be pretty painful for the market to maintain a long term healthy equilibrium. Yup, you read that right, I think that this bear market is healthy for the market and I think that the sooner we take our medicine, the sooner it will allow the bigger long term trend to resume. If that didn't make sense, it is because I am a bit punchy right now. 15 hour flight and I slept very little.

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