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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 335.42+0.4%Oct 31 5:00 PM EST

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To: Justa Werkenstiff who wrote (2503)5/16/2003 10:22:44 AM
From: Lone Ranger  Read Replies (1) of 10065
 
Justa,
You make very good points. Some sort of consolidation/correction is to be expected. Let's see at what level the buyers return to the market. As of right now don't think we retest the 800-810 level but who knows? The deflation/Japanese scenario or whatever may get the best of peoples thoughts. Good charts and links, appreciate them. Glad, I've taken out some not so insignificant hedge positions the past week. You make me think that was not such a bad idea<g>. In edit: Articles like this:
moneycentral.msn.com
this, is the wall of worry I'm talking about. There are many references to advisors saying that things are so bad, and that's why the Fed is flooding, yada, yada, yada,..and things must be so bad or else they wouldn't be doing this. This again is the wall. At any rate let's see the timing and extent of the next correction. But these type of articles news, of such, makes me think JQ public has not participated much in this rally, and therefore may have further to go than most of us realize.
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