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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Erik T who wrote (131)10/24/2000 3:32:57 AM
From: Stcgg  Respond to of 74559
 
Erik .................

I am of the firm opinion that when this market is ready to plunge, it will do just that.. Magoo will soften the blow but the bear will continue as it has since the April mini-crash.. He's looking for a 'soft landing', this is called a bear market (a slower decline)! The end effects will be the same as if he never intercepted, but he doesn't get blamed for a crash.. He intercepted in the Spring and again last Wednesday, all of which drags it out over time..

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