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To: AllansAlias who wrote (36632)11/12/2000 10:46:20 PM
From: UnBelievable  Read Replies (1) | Respond to of 436258
 
Allan-

I have to tell you that your charts in general, and this last set particularly, are among the best I've seen.

You have consistently chosen to highlight the key elements of the most useful charts so as to enable anyone who is interested to clearly see the points you are making.

In addition your commentary is clear, straightforward, free of jargon and other "terms of art". There also is a sense of drama and excitement that also makes it fun.

Really well done.



To: AllansAlias who wrote (36632)11/13/2000 12:24:02 AM
From: Perspective  Respond to of 436258
 
Excellent charts, as usual, Allan. I agree - we are on the verge of something very big here. My gut tells me that manias end badly, and the time is right for "badly" to rear its ugly head. With redemptions underway at Janus now, and NDX underperforming COMPX, and the huge bounce out of SPX to work off the oversold condition, the stage appears to be set. The only thing really worrying me right now is how traders would respond to a surprise interest rate cut by the Fed.

My technical analyses all yield the same conclusions you've drawn: the market is very, very sick. And sentiment numbers just aren't what you'd see at a significant bottom. I'm absolutely *stunned* by the level of complacency, especially by individual investors. Here you are, six months into what may well be the worst bear market since 1929-34, and people are utterly fearless.

For the good of everyone across the world, I really do hope we're wrong. The bursting of a bubble in the world's number one consumer would have painful repercussions everywhere. However, I believe in the overwhelming power of markets, and I think the die is already cast...

BC



To: AllansAlias who wrote (36632)11/13/2000 7:55:30 AM
From: flatsville  Respond to of 436258
 
I fully agree with Un.

Bravo!

Thanks much.