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Strategies & Market Trends : The Millennium Crash
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To: Bonnie Bear who wrote (145)8/13/1997 9:39:00 AM
From: Rarebird   of 5676
 
Trying to time the market is a losers game. If I was you, as a bear, I wouldn't get too excited until we get another 10% correction AND a failed rally attempt which reverses to a lower low. Until that happens, it's just interesting speculation- we are still in a bull market. Even today, we will probably close well off the openning highs. Maybe even flat or down. The CPI tommorrow will be the determining factor. If that comes in as expected, the old highs will probably be challenged. Personally, I welcome a correction so optimism and complacency can be replaced by fear and pessimism. The ingredients for another leg up.
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