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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (63105)	11/20/2000 10:46:44 PM
From: $Mogul	Read Replies (1) \| Respond to of 122089

Fact of the day: Everytime the stock market has had brutal sell offs in the second half of the year it has bottomed in October - except for 5 years. 1929-1933 and 2000. Message 14851984

To: Anthony@Pacific who wrote (63105)	11/20/2000 11:16:13 PM
From: If only I'd held	Read Replies (3) \| Respond to of 122089

Exactly! We are simply cycling. We need reform, and a solid base from which to work from. The wild speculation, the manipulation, people margining themselves beyond reason, mortgaging their homes to play this market, and the blind eye turned to the real problem is what similates 1929. Fortunately, the world is a better place than it was in 1929. The bank can't call your mortgage as long as you are making your payments. We actually have more work than we have motivated people. We have incredibly intelligent people paying closer attention to the economies, both here and around the world. And we are a superpower. We keep those things alive, and we will never see a time like we had in 1929 I do not think. All we gotta do is keep from nuking each other and spreading chemicals on one and other, and we will be fine. We could be in for a damn tough couple years though...no doubt about it. We will not see the Nasdaq dissolved. We need it reformed though. But in time, the snakes will find the loopholes in the new rules, and we will go thru it all over again. The markets will snap back cleaner though, and we will go higher. My guess is 1500-1800 on the Nasdaq, and who knows on the Dow...guessing 7000 based mostly on charting. Along the way, both sides will be squeezed. I beleive those numbers are our journey though for the near term. Recession is coming