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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 473.65-0.2%11:34 AM EST

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To: _scar_face_ who wrote (18065)5/21/2002 11:14:09 PM
From: Susan G  Read Replies (2) of 26752
 
'02? I'm not looking beyond next month <G>

And I just read the charts, I'm no expert, I learned most of what I know right here on SI.

I read and listen to a lot of predictions though that make sense, but since news or economic numbers can reverse this market in a flash it's no use trying to predict. And what is it Donald Sew says, anyone who predicts only has a 50/50 chance of being right <g> And most of the gurus who do predict are usually dead wrong. The ones who called the bottom 5 bottoms ago <g>

So I wait for the charts to hint at where they are going. And am wrong as often as I am right.

My gut feel is the trend remains down, with wicked sharp bear market rallies all the way to keep us all on our toes.
And a market ruled by skittish investor sentiment and distrust. And a dull,low volume range bound summer.

I don't think we've seen the bottom yet at all. But there is a 50% chance I'm wrong : )
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