Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Jon Scott who started this subject	10/17/2002 2:19:05 PM
From: Smiling Bob	Read Replies (1) of 19256

Returned to no connection Monday Here temporarily and out of touch, but should return next week. May be on a much lighter scale anyway, as I have to tend to real life business. Dow did a 1000 pt move in August and gave it all back and some. We came off what may have been THE bottom, so I don't expect to give it all back this time. The markets don't move straight up and war/terrorism/debt/economy/housing/consumer spending can still move the markets down dramatically. 7200 came too fast as well. I will remain as one of the few, if there are others, on record for actually calling the 7200 bottom, as opposed to Merrill Lynch's 20/20 hindsight call. Yes, had I been here, would have recommended closing shorts Monday when 7800 never gave in. I do still have email address at scott_on_stocks@yahoo.com Any information on this is welcome Message 18099674 Good luck Message 18086192 To:Sojourner Smith who wrote (4473) From: scottonstocks Tuesday, Oct 8, 2002 11:23 AM View Replies (2) \| Respond to of 4567 CSFB layoffs just another indicator of industry outlook Still a long was to go down for all of them. DOW now 7374 and not finding any support. Reevaluating remaining strength of any bounces today. I don't see DOW dropping below 7200 intermediate term and may possibly be called "the bottom." Watching it all for now. GS 59.14 x 15 now. More on downside, but still due for bounce. No target until bootom is seen

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