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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (53656)7/11/2002 1:06:56 AM
From: lurqer  Read Replies (4) of 65232
 
Hi Dealie,

Long time, no see!

For the first time in well over a year, I spent most of the day cruzin' SI. Why? Well lately I've had this suspicion that there may be a change in the tide a'comin'. And sho'nuf, when I survey a few SI threads, I'm reminded of March 2000 - a lot emotion, extreme hubris on the part of recent winners, a belief on their part that the market trend of recent months will continue indefinitely into future, etc., etc.

I tend to err in my timing by being a little to early, and I certainly plead guilty to having a bullish bias, but July 2002 has (IMO) many of the same earmarks as March 2000.

"Time will tell"

Now I'll have some of your famous lemonade.

lurqer
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