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


To: RR who wrote (29949)1/26/2001 10:09:34 AM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
<<6 months to a year from now and this all will seem like just a blip on the radar screen.>>

You may be right....you could be right....I hope you are right....and if it was a longer time frame, I wouldn't hesitate to agree.....but one thing comes to mind.....how many times since the market started it's decline about a year ago in many issues, did folks say "six months, this will all seem like a blip".......I for one wish I could go back six months or twelve months and sell, sell, sell......

Anyway, your probably correct, I just wanted to point out that short term...and yes six months is short term....there is no telling.....I hope we are much hgiher six months from now, but I also remember saying the exact same words to folks that made your above comment many times during 2000......This is not meant to disrespect you...I hope you dont take it that way.....I respect you immensely. I just couldnt help but giggle a tad when I read your comment and thought how many people said the same thing last year, and how many times they said it.One thing this market has taught me is take nothing for granted....anything can happen....the worst thing you can imagine CAN happen, and until it's and event of the past, there is no way to determine what will happen tomorrow, the next day, next month or whatever. After the year we had last year, absolutely anything is possible. With all that said, I tend to agree that first half of year will be tough, but hopefully second half is strong......I still will be surprised if we are at 3500 by end year....heck, if first half is real bad, we may be lucky to see 3000 by year end.Too hard to call this market.

Happy Trading

keith