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Strategies & Market Trends : P&S and STO Death Blow's

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To: Lone Ranger who wrote (30197)6/19/2003 11:38:39 AM
From: Jeff  Read Replies (3) of 30712
 
Imo, this thread has been quiet because it was primarily a bear thread. Now that the trend changed, a lot of the prior accurate bear casters, simply have not been able to get on the right side of the market.

i said many times last year this wasn't a bear thread....i was only looking down because the bubble was still being retraced and that was the "reality" of it.....i also stated i wasn't married to that retrace and when my guidelines broke....i was going with my signals.... and if they pointed up...thats where i was going.....

i suggest all those who have now been brainwashed after 3 straight years of down...and now think thats the way its always going to be....well.....do yourself a favor and study the two past historic bubbles and their aftermath....you can clearly see by that and by this rally....the worst of that bubble retrace is behind us.....

and those bears who lived high on the hog the last 3 years have seen the best they are going to see....because these rallies now will hurt them to a point where if they short these strong uptrends....they can't make it up on the downtrends anymore.....

and they still may face shorting into a 38% retrace of the bubble drop.....and that would wipe out many bears.....

the "reality" now is....you can't miss these rallies and you sure can't short them if you want to survive in this market over the coming years......

more and more t/a is becoming useless for the simple reason.....this is no longer just a bull market or just a bear market.....its a bubble that was a bull...that imploded and was taken down by the bear....and now its a bubble after the big implosion market.....and anything can happen but it will never be just one straight uptrend like the bull or one straight downtrend like the bear....

those who can only think one way...and act one way...like a bull only or bear only trader will not survive the coming years...

only the open minded traders have a chance going forward from here....and thats a history lesson you better learn right now...
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