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

To: Joshua Corbin who wrote (733)	11/17/2000 1:49:20 PM
From: marginmike	Respond to of 74559

"People who bought Qualcomm can claim a 2,400% stock rise in 1999. It simply isn't significant." Actually with my option gains it was closer to 3000%<G>

To: Joshua Corbin who wrote (733)	11/17/2000 1:52:46 PM
From: tradermike_1999	Read Replies (1) \| Respond to of 74559

And I have a really cool rare book collection. So what? Can your swing-trading beat the index until 2035? And if your system works, why are you 90% cash? Why not shoot for a cool million? Point is that no one knows the short-term future of the markets. And being bearish in a bear market is not exactly a bold step. Predictions of financial collapse are simply too vague and sensational to take seriously. One man's crash is another's correction. Wild claims exploit existing fears, driving people to sell at the bottom Its foolish to be 100% invested in the markets at a time like this so I think being 90% in cash is a good move. eh? No, been doing this for several years. How long is a long enough track record? Ok, so now we got to the crutch of the matter. You believe that I am scaring people into selling at the bottom - hence the investigations into me and the constant negativity you have directed at my posts. What makes you think this is a bottom?