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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (69570)10/18/1999 12:35:00 PM
From: Lucretius  Respond to of 86076
 
we will one day this week.. doesn't really matter.. let the dippers get their fill today... we need to drain 'em before we can crush 'em



To: MythMan who wrote (69570)10/18/1999 12:35:00 PM
From: Defrocked  Respond to of 86076
 
Locals running stops on the move
from 1247 to 1253. Not much paper
involved and I expect it retrace
lower. But I've been wrong before.



To: MythMan who wrote (69570)10/18/1999 12:41:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 86076
 
let me bring up a contrarian view....

i think there are way too many bears running wild and the prediction for a meltdown is way overdone. i just think that intrinsically, most people with retirement accounts will continue to invest in the equities market. i just don't see a melt-down. i can see a real correction and some fear being instilled in this market, which is good, but a bk, i don't see it.

go ask all your friends and see if and when they're going to run out...i don't think many are running out...mine aren't...so they're either smarter or dumber, but i think the overall sentiment is that yes, we will correct, but if the horizon is 20 years,,,so be it.

i think this drift down will get rid of some dead wood traders out there and instill respect in some of them..so that'll be good. this mania needs a kick in the groin and i think it's getting it.

of course,,,after this diatribe,,,we can have that BK now...-g-