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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rick Buskey who wrote (39791)10/27/2000 11:06:34 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Just snatched up some light P. at 26 and change.



To: Rick Buskey who wrote (39791)10/27/2000 11:10:34 AM
From: Rick Buskey  Respond to of 57584
 
CSCO killing this market rally(if thats what you want to call it)



To: Rick Buskey who wrote (39791)10/27/2000 11:16:57 AM
From: GMPetersen  Respond to of 57584
 
This market reminds me of the barkers that entice you into a tourist trap in various parts of the world. If you go in you have to be careful you don't get fleeced. Oh well, I still like to travel.

gmp



To: Rick Buskey who wrote (39791)10/27/2000 11:24:39 AM
From: Kanetsu  Read Replies (1) | Respond to of 57584
 
Funny how nobody can conceive that we might be in a bear market, most people trading stocks and looking at internet threads have never seen one so they still may doubt that phenomena exists. A comparison chart of the Nikkei from '82-'90 and the Naz from '92-2000 may be instructive.

I also see some anecdotal signs of a trouble:

-Thousands of people who quit their jobs to trade full time, many of them mistook a bull market for brains. Is the economy really going to sustain a whole new army of "underwear investors."

-The tendency to disparage anybody with the gall to be negative on stocks also seems to be a bearish indicator to me.

-The almost universal belief that stocks will rally once October is over.

-A potential war in the Middle East, high oil prices, real estate bubble, falling international markets (mostly ignored to date)and incredibly volatile markets, i.e. routine 200 point ranges on the Nazdaq.

There, now that I've put my bearishness on display for the world to see the market has to go up.