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To: scotty who wrote (32297)5/10/2000 4:38:00 PM
From: pater tenebrarum  Respond to of 42523
 
i know...i wish we weren't. i want the PoG to rally and NOBODY take notice. i want to see last September's high broken and read somewhere that nobody believes it's meaningful.

i remember VERY well, when the Dow crossed above 1360 in late '85, the headline in the WSJ's market watch section said: "the least noteworthy all time high the Dow has ever reached". i knew then that we would get an absolutely stunning move from there and went and bought calls on everything that moved. of course i also bought calls on the Friday before the crash...but that's another story.

the important thing is, when the PoG finally moves, no-one must take the move seriously....then we'll know it's a beginning bull market and not just a bear market rally.