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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (28447)9/20/1998 4:42:00 PM
From: yard_man  Read Replies (1) of 94695
 
Brings up another idea that I knew you would talk about, but I hoped a little more -- the idea of a trigger. I guess you've read about false memories and how sometimes under the influence of a strong personality (usually a psychiatrist or some counseler type) people have been influenced to remember traumas that never occured and so on ...

I kind of think that perhaps this can work in a collective fashion, too. A trauma occurs which is somewhat inexplicable, and everyone seeks to ascribe the occurence to a preceeding event. I guess you know where I'm going here.

Don't you think if there's a crash or horrible bear market -- which is nothing more, at first, than a huge loss in confidence, it doens't matter whether a comet hits LA, Clinton resigns, war breaks out in the middle east, etc. -- if it happens, the spring must have already been loaded or something and that this was the culmination of forces building over a long period of time?

There, how's that -- I'm talking about the great crash of '98 in past tense, as though it already happened. This should be good for a response from M^2!
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