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To: Jim Willie CB who wrote (45018)10/16/1999 1:51:00 AM
From: Boplicity  Read Replies (3) | Respond to of 152472
 
I believe you are wrong, I wouldn't use the word huge. I see the market not rally big time or selling off big time, yes we might get a little rally, just like the ones we know so well, but it will fail. These rallies will keep failing, causing the market to move lower in a stair step pattern, until we get The big one on the downside. It's basic market action 101. This rhythm has been established, program for lack of a better word, into the very being of investors. They expected it, and they will make it happen. We need a catalyst of some sort. An external force. In years past we had, Naiveté now investors are too informed, oil, Iran, hedge funds, Asia, now we don't have any fingers to point. Nothing worse then have the weight of the market as being the reason.

G