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To: Optical_Preacher who wrote (10467)5/24/2000 2:11:00 PM
From: t2  Read Replies (2) | Respond to of 24042
 
The bear market will be ended not by capitulative selling, but by capitulative buying

Excellent thought!!

That looks to be the way it may unfold. History does not necessarily repeat. Maybe just like some of those technical analysts who waited and waited to get "retests" on the averages back in 1998. Just did not happen!

These days I got a feeling a lot of the retail crowd has got into the short selling game as well OR at least are holding cash. Once that cash comes in, it becomes a zero sum effect of their actions taken in isolation (since they got out). Of course lots of these will cause the capitulative buying.



To: Optical_Preacher who wrote (10467)5/24/2000 2:59:00 PM
From: trouthead  Read Replies (1) | Respond to of 24042
 
You are the man OP. The only other piece I would add is a resolution with the DOJ and MSFT. I don't think it matters which way the case goes, but go it must.

jb



To: Optical_Preacher who wrote (10467)5/24/2000 10:51:00 PM
From: Boplicity  Read Replies (1) | Respond to of 24042
 
You put a smile on my face.

Greg



To: Optical_Preacher who wrote (10467)5/24/2000 11:03:00 PM
From: Hank Stamper  Read Replies (4) | Respond to of 24042
 
I agree completely that a rebound will be explosive.

However, bear markets too are always characterised by one or more very explosive counter-trend rallies.

These rallies are like great vacuum cleaners seeking your and my sidelines cash. When they end, the downward grinding begins again and people are left stunned. Astounded. Hopes dashed.

How will you distinguish the appearance of an explosive bull move from a sucker rally?

Ciao,
David Todtman