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Non-Tech : Invest / LTD

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To: The Perfect Hedge who wrote (7318)	2/10/1999 11:01:00 PM
From: Lucretius	Read Replies (1) of 14427

a crash by its very nature is a low probablity event... Give me some leeway. Gold may rally, AFTER the initial decline, I could be wrong about the exact timing of the gold rally, but be assured it will rally because the dollar will get hit when stocks take their first tumble. I believe I called this top exactly right. when I was screaming "buy poots" a couple weeks ago many stocks were at their highs and have since slipped. When I screamed "buy poots" last week, all stocks were at their highs. I believe I told you the bond mkt would lead us down.... and so it has. I have no idea what the exact day of the crash will be, it would be like trying to predict when the first drop of rain will fall from a storm. You know the storm is coming because you can see it... so why not just go inside instead of trying to stay out in the rain till the last possible minute and maybe getting drenched. Play in this mkt long at your own peril. Remember, traders tend to get caught in crashes because they think they are masters of the universe and can time every bounce. As panic unfolds, support levels and trendlines are meaningless... you just see SELLING. Walk away Beebs or buy poots. There is no inbetween.

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