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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Joe Smith who wrote (10206)	7/30/1999 10:38:00 AM
From: Rande Is	Read Replies (3) \| Respond to of 57584

Live from Kinkos. . . Joe, I have been discussing the "wash and rinse" cycle the market is under for months. Markets undulate. . . and the variations of up and down are what cause people to trade. . . if it sat there and lost 2 points per day, everyone would go home. . .like they did in the 70's. . .that is a bear market. . .and nobody wins in a bear market. . . especially not the brokerage houses. So we go up we go down we go up we go down. . . .anything to shake shares and cause trading. But when all is said and done. . . and you look back to review the year. . . you will see lower highs and lower lows marked this period as a "bear within a larger bull". . . .[depending on how far back you look. . . and what you are looking at]. . . . We don't all trade the Dow. . .so we needn't follow it much. . .check out some 1 year charts on internet index, high-techs, Nasdaq 200, Russell 2000, etc. . . they should give better indication of what has been going on. . . And yes, I believe we go lower from here NOT higher. .. . and that it will take quite some time to get there. . . making it "seem" slow moving. These are my opinions. Hope all are well. Rande Is