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

To: Venkie who wrote (28521)	1/7/2001 6:42:01 PM
From: limtex	Read Replies (2) \| Respond to of 65232

Venkie - I think the comments about bulls or people generallly being scared stiff or showing huge bearish sentiment as being a sure sign that a bottom is near is nonsense. Hope and the belief that this must be enar the bottom is what I have suffered from as have probably most people. Don't panic, buy the dips, there is no bear market and all that have been totally wrong. There is only one thing we do know about this crash and that is that it is the worst in history. Every time any of us indeed anyone from any House or fund has thought this was near the bottom they have been proven thoroughly wrong. This is the nightmare that every investor fears, the 'Once in a Lifetime' event, the Tsunami. IMHO it hasn't even started yet. Up until last week I had hope but that faded with the effect of a surprise half per cent rate cut which lasted all of three hours. It is still my opinion that Mr G caused this by the interest rate being set too high for too long all in the cause of his irrational obsession with the Naz. Still all that is history now and tomorrow looks like the Naz is going to take a real dump. Best regards, L