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Strategies & Market Trends : The Stock Market Bubble
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To: Paul Shread who wrote (1428)8/31/1998 3:50:00 PM
From: Terry Whitman  Read Replies (1) of 3339
 
AHA! We finally get a concession.

While we're being facetious. If I fell asleep right now (which is quite possible this time of the day), and woke up in 2 months, and the DJI were 3000- I wouldn't buy- UNLESS, indications showed we had reached a bottom and were rallying.

It certainly is safer to be a bull in the long term, but we're talking LOOOng term (20 years+). I had been bullish for a long time previous to July, and will be again some day.

DJI 7585, next stop 7000.
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