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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: farmerboy who wrote (119551)4/4/2009 8:20:20 AM
From: GREENLAW4-75 Recommendations   of 206143
 
I follow what I believe is the economic outlook when I trade a particular trend. In this market it is very clear we are not even in the 4th inning of this downturn.

Everyone wants you to believe we just went from a 16 month Bear market into a new Bull. My answer is study the 1929 crash which is most similar to the current crash. If you overlap those 2 periods from the start of the 29 crash, currently we have another 40% down from here, and at least another 12-18 months at a minimum to indure in the Bear.

Why would anyone believe those Bubble stocks that caused this downturn, FINANCIALS, would be the stocks to take us out of the Bear?? They have been the leaders the last 4weeks. Do you remember 2000 crash, do you recall that Internet and tech did not lead us out.

I am very comforted in market bounce and was long at the bottom, now I am short and will stay that way for a long time until we get to the 600 area of sp.
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