VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (55753)	10/24/2002 12:10:47 AM
From: Sig	Read Replies (2) of 65232

Scott:Re bear market. At last- a chart that I can read, none of this 21 or 38 day moving average garbage Its the kind we often made or used at Boeing, so I can tell you what it means 1. This is not a world-wide war like ww2 so the long duration of 1937 or 1946 are anomalies. We are not in that situation or so bad off that it needs an extended period to get things rolling again. The banking industry is far larger and better organized today and has greater capabilites to take effective action. 2. With internatioal commerce and so many more industries involved today the S+P decline will not be so severe as in 1929, while the NAZ has already taken a more severe hit. than the S+P. It is most likely, then, that we are looking at the bottom.for many of the better stocks. Now give us a Mystic to tell us what happens next. It would take a lot of the fun ( and profits) out of the game to know that as one can also get tired and bored if always winning Sig . .

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