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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (27739)	12/30/2000 8:58:30 AM
From: limtex	Respond to of 65232

UF - Its hope that is our greatest vulnerability. Hope has done all the damage. Hope thought that each of those dips was a dip, but it was a ledge on the way down to ever lower ledges. Then we had the summer and then Sep/Oct when the market always tanks, but there was the Nov/Mar period except that Nov was just as bad and then the election and the end of year rally etc etc. And all the time hope kept eating net worth. MM was right all the way..get out and stay out. Except that hope acts on your mind and tells you that this is it....the bottom is near. Yeh right. And the expressions...'Testing the lows'..what the hell does that mean. 'The market hates uncertainty' ...it is a market only because there is uncertainty. Anyway my guess is that Tuesday is starts again to get worse. Same old same old. One day up and four or more days down and on and on. Best regards, L