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To: pater tenebrarum who wrote (72822)	10/29/1999 3:38:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 86076

i've had some longs and they all seem to be flying,,,in fact, they're doing so well,,,i wonder why i even bother looking at the market,,,it's just buy, buy, buy,,,, it seems so easy to be long the correct sector and make a mint,,,,it's scary easy....surely,,,it can't be that simple... what's the catch?

To: pater tenebrarum who wrote (72822)	10/29/1999 4:12:00 PM
From: Oblomov	Read Replies (2) \| Respond to of 86076

A crisis in confidence is exactly what this guy is forecasting: marketscience.com I agree, changes in confidence and consumer expectations seem to precede, or appear simultaneously with economic changes. And these changes often seem to come out of the blue. As thinking animals, we create the explanations after the fact. I don't know if you are familiar with catastrophe theory, but Rene Thom did make an analogy between market crashes and the sudden, apparently simultaneous change of direction in a school of fish...