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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (31842)10/17/1998 2:53:00 PM
From: GROUND ZERO™  Read Replies (2) of 94695
 
Haim,

Excellent post. I'm also amazed how the markets can move higher with the current global crisis. I tend to agree with your very well written post.

Yet, the only problem I have, and not with what you say, is that calling the market a bear or a bull market actually gets in the way of our our observations about immediate market behavior itself.


The diagnosis of bull or bear seems to contaminate the clarity of our market perceptions. This is not you, everyone falls into that mental set, and then it unfortunately distorts our judgements and prevails over our market decisions. This is just my observation after reading so many posts over the past couple of years.

I think we need to see these markets for what they are, a two way street, and forget about the labels. I don't think either or any label is necessary.

GZ
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