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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Wes Stevens who wrote (93021)4/4/2000 9:53:00 PM
From: Marshall001  Respond to of 108040
 
Well Put Wes.. I like to leave the "predictions" to the institutional analysts. Seems like a conflict of interest to me. When I do try to predict a bottom or support I only use near term charting techniques. No way anybody here can predict where the market will be 1 month or 1 year from today. Todays sell-off was nothing short of ugly but necessary. All those bear market analysts did call it a "Healthy Correction" I couldn't agree more. Not only was it healthy in size, but we needed it. LAter this year this will be a memory. We either re-live it next time or we learn from it. Either way we move on.

Not sure why Puff changed his tune. I'm not saying that he is right or wrong, just that claiming to know what direction the market will take long term is unrealistic. If he IS right its total coincidence. Either way, I still respect his opinion and hope he will still post here as often as possible.

M