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To: Boplicity who wrote (8498)1/5/2001 12:23:14 AM
From: DaYooper  Read Replies (1) | Respond to of 13572
 
For those of us with more than ten years it's hard to be anything but a bull.

For those brought in by the euphoria over that last two years it difficult not be a bear.

As Skinner said, we are all products of our environments.

Liked your analysis of all bad news being perceived as good news by this market -- "teflon". So what are we hoping for with the employment report Friday morning? Or it just doesn't matter for the next few weeks?

Rory



To: Boplicity who wrote (8498)1/5/2001 1:26:44 PM
From: Walkingshadow  Respond to of 13572
 
Greg,

I don't consider myself either a bull or a bear by nature, but try to be flexible enough to become either as my perceptions of the market and the economy change. I try to remain ever willing to admit I'm wrong, and reserve the right to reverse my position 180 degrees, even 360 degrees (but that makes me dizzy <ggg>)

I was extremely bullish going into the March Meltdown, and the blinders from that excess bullishness were expensive. Those blinders kept me from seeing what I now know are obvious topping patterns, and clear evidence of exhaustion everywhere. I listened to the buzz, not the charts, not the market internals. The buzz was dead wrong---as it always is at crucial pivot points---but the charts, numbers, and technicals never lied. I paid for that dearly, and hope to not repeat it.

I am hoping to one day be just as bullish as I was then, but not until conditions warrant that bullishness. Until then, I'll take whatever profits I can get, and I'm not at all particular about how I get them. But, I completely believe in the long term prospects of the American economy. We will do very well, of that I'm confident.

Terry