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To: Dealer who wrote (17775)5/8/2000 3:52:00 PM
From: Dr. David Gleitman  Read Replies (2) | Respond to of 35685
 
Greetings Dealer:

Just to let you know that I'm alive and well (under the circumstances). Like everyone else, I'm growing a bit weary of this market. Watching it is like deja vu over the past years whenever there was the specter of "uncertainty" (yeah, right, as if no one expects a rate increase), the downdraft of the market becomes exquisite twisting and slow turning torture as we lemmings continue to hold on instead of selling off, waiting for the market to settle down and get back on course to resume its upward flight. Please note that I am also including myself as one of those "lemmings", being unsure as to where the bottom is (or the top for that matter). It seems that anyone has gotten caught up with this downdraft. With the benefit of 2020 hindsight, Friday's rally (if you want call it that, but under the circumstances, given the jobs report, it was a rally of sorts), with the lack of volume and assertiveness, it was no wonder that we continue down again. Tuesday (of next week) seems to be so far off.

I guess the 3 30 rally was canceled on a lack of interest.

By the way, with regard to the Florida porch gathering, I'm running into a snag regarding a personal scheduling conflict and trying to work my way around it. Hopefully, I can manage to catch part of the weekend. I'll let you know as soon as I can.

I think of going to stick to my own advice and simply work my investments by buying into the October correction, then riding it through the Christmas effect and then selling out at the end of January/February, then taking an 8 month cruise out of commnication until next October. Who knows?, it may work.

Still owe you one big hug,

DavidGreetings Dealer:

Just to let you know that I'm alive and well (under the circumstances). Like everyone else, I'm growing a bit weary of this market. Watching it is like deja vu over the past years whenever there was the specter of "uncertainty" (yeah, right, as if no one expects a rate increase), the downdraft of the market becomes exquisite twisting and slow turning torture as we lemmings continue to hold on instead of selling off, waiting for the market to settle down and get back on course to resume its upward flight. Please note that I am also including myself as one of those "lemmings", being unsure as to where the bottom is (or the top for that matter). It seems that anyone has gotten caught up with this downdraft. With the benefit of 2020 hindsight, Friday's rally (if you want call it that, but under the circumstances, given the jobs report, it was a rally of sorts), with the lack of volume and assertiveness, it was no wonder that we continue down again. Tuesday (of next week) seems to be so far off.

I guess the 3 30 rally was canceled on a lack of interest.

By the way, with regard to the Florida porch gathering, I'm running into a snag regarding a personal scheduling conflict and trying to work my way around it. Hopefully, I can manage to catch part of the weekend. I'll let you know as soon as I can.

I think of going to stick to my own advice and simply work my investments by buying into the October correction, then riding it through the Christmas effect and then selling out at the end of January/February, then taking an 8 month cruise out of commnication until next October. Who knows?, it may work.

Still owe you one big hug,

David