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To: Bridge Player who wrote (297)	10/15/1999 9:47:00 AM
From: Uncle Frank	Respond to of 35685

>> I only know the odds of a major market correction of 20-30% are higher today than in the recent past. And bear markets have not ended, they have only been in hibernation. What's your point, bp? That bad things can happen? Someone posted that he has never known a pessimist who made it big. Come to think of it, I haven't either. If you spend your life focusing on all the bad things that can happen, you surely won't enjoy the good that's all around you. An attitude make over would do you a world of good. uf

To: Bridge Player who wrote (297)	10/15/1999 11:10:00 AM
From: Poet	Read Replies (1) \| Respond to of 35685

You know, BP, you're not showing much class by going over to somebody's personal thread and trashing him repeatedly. Do you really think your negativity will be welcomed here? Just wonderin'.

To: Bridge Player who wrote (297)	10/15/1999 1:45:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 35685

Bridge Player, let me be frank. Your posts have the same effect on me as seeing a dead kitten on the side of the road. They have about as much meaning. You are a vandal, a destroyer, a lost soul looking for any kind of attention. Your investing approach consists of looking in the rear view mirror. Please go find some other poor souls and start a thread of your own. If you need help, I'll be happy to suggest a few titles. But please go. Then I can feel sorry for you instead of being enraged by your unwelcome intrusions and idiotic comments. Prosperous investing, Uncle Frank

To: Bridge Player who wrote (297)	10/15/1999 3:29:00 PM
From: Voltaire	Respond to of 35685

We will see won't we. TALK TO ME NEXT WEEK! Enjoy your posts. Voltaire

To: Bridge Player who wrote (297)	10/15/1999 3:33:00 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 35685

C'mon guys, let's not overdo it. BP brings up some valid points about problems in the market. Bond bearishness WILL weigh on the market. QCOM will not be immune. It is always important to have a gadfly, or Devil's advocate, even if you don't agree with him. I don't think BP's latest post was ad hominem against Voltaire; the only incendiary phrase I see is "your bs about the 'houses'", but that is an argument about an issue--not everyone believes that houses control the market, or that their manipulation extends beyond a rather limited scope. I think everyone's purported goal in the market is to make money, and certainly objectivity is a crucial means to that end. Objectivity requires dialectic, which requires a willingness to listen to opinions other than one's own. Perhaps that is naive though, in the same way that Marx's conceptualization of a communist world is naive--in other words, you can have a nice idealization about how something should be, but it doesn't work out so well in the real world. As with Marxism, so with "level-headed debating". So it goes. The nice thing about the market, in my mind, is that the end-goal is so simple: To make money. Other than bad luck and good luck, the main determinant is adherence to objectivity, IMO. However, while objectivity is in our self interest, its successful realization is anything but assured. We spend our lives deluding ourselves on a personal level...why should we think we would not do the same in groups? Socrates, the original dialectician, was also the original gadfly. People did not want to listen to his shyte, so they eventually forced him to drink hemlock and be gone. But did this really help the people? Probably not.

To: Bridge Player who wrote (297)	10/15/1999 6:21:00 PM
From: DOUG H	Read Replies (1) \| Respond to of 35685

Voltaire, a couple of weeks ago you asked me the following question: << Is it your opinion we are in for an huge imminent downturn?>> This was my answer: << No. I do not think the chances of that occurring are more than about 1 in 6 or 8. I believe that negative changes in fundamentals such as inflation, interest rates, or the dollar would have to happen to make such an event probable. I simply felt it was an interesting comparison between conditions in 1929 and today. There are other obvious ones that I am sure everyone is aware of.>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> So, In other words, you were wrong then, and NOW, with the LB at 6.3 and S&P & NAZ futures red as a tourist's hiney you show up to say what? I told you so? You did'nt then. Is the real problem here that Volty has a thread and you don't? A little inferiority complex? Need some love? Hang in there baby. EGBOK!

To: Bridge Player who wrote (297)	10/16/1999 11:49:00 PM
From: DaYooper	Respond to of 35685

Bridge Player, a smart investor has a stake invested in the stock market 100% long term. If the following is your true philosophy: And bear markets have not ended, they have only been in hibernation. ...then it's clear why you radiate negativeness. You probably have been holding gold or other "precious" resources thru this historic bull market. Ouch! As for day to day market predictions, they are little more than entertainment. And Dr. V provides this entertainment, with stunning accuracy btw, in his own charismatic style. Regarding your forecast of a "possible" 30% correction, even that would be a temporary give-back of about one year of gains. And then we would quickly be taking off again thanks to increasing revs and profits. Smart investors care about where the market will be in five years, BP, not the end of October. Are you a smart investor BP? Or are you possibly a bearish technician, mauled by the bull, and aching for an audience?