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To: CharlieChina who wrote (45914)	12/2/2000 5:28:56 PM
From: The Devil Dog	Read Replies (1) \| Respond to of 62348

Try not to get so bearish that U forget to go long and stay short when things rebound and loose on the way up. Circumstances are not the same as 1925 - 37. If U try hard enough U can find similarities in any chart unrelated or not. Not saying were finished the downside. The more bears i hear , even though I have been bullish I cant be wrong forever ;O) the more I see the upside sooner than later. Gonna be some short squeezing, just as much as there was a bubble going up we gonna get a squeeze going down which leads to good moves both ways. WB

To: CharlieChina who wrote (45914)	12/2/2000 7:11:59 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 62348

Do you have a link for the 1920-40 Dow? I wouldn't mind seeing it if you do. CD

To: CharlieChina who wrote (45914)	12/3/2000 11:21:21 AM
From: The Devil Dog	Read Replies (4) \| Respond to of 62348

My first impression on your comment of the similarities to 1929 was Ur nutz !!!!!!!!!!!, THEN I had rethink that and say hey dont be an idiot and see if the guy really has a point ;O). Thanks to traderjamie the charts were enlightening and of some help, unfortunately dont show enough time after 87 to show the big picture. If the charts show 4 years after like the 29 chart. The 4 years after eighty seven things sorta loly gagged around (highly technical term ;O) and were higher than the previous high of 87, things never looked back. Now the Naz is a much more radical chart I have to admit, these are different times however , I suspect FEDs will be cutting rates in the new year what is what got the dow out of its funk in 87. 2 very important dates that U can be sure will be met with shorts covering Dec. 12 pres crap basically has to be sorted out, Dec 19 FED meeting, U can be sure that shorts are gonna cover before this on the expectation of a changing of the bias to neutral. I have to admit the max ugly downside to nas could be as low as 1600. Plain and simple the whole world aint falling apart today or tomorrow, this is a whole new dynamic of a market, the market never had so much visibility ,responsiveness, shorts (Im startin to see short squeezin ;O). Economic times are NOT the same as 29 in all aspects. Unfortunately I will not be able to debate U at length of the differences, I simply dont have all the data to back it up, just general laymens knowledge ;O) Thought prevoking comments and Nicholas and definitely one to keep in the back of my mind, however; I think the pain is mostly over ;O) Best Regards WB