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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (2052)	2/22/2001 3:02:04 AM
From: IndexTrader	Respond to of 74559

Jay, We will probably see excessive pessimism in this down cycle just as we saw extreme optimism on the way up. We will also hear cries of "it's different this time" just as we did at the top. The Fed is always "pushing on the string" and so on and so forth. Prechter must be in his bomb shelter by now, hiding his gold coins, fearful of his survival. Right now the perma bears look smart and they should enjoy the spotlight. A new cycle will be borne & we will move on. The mania was fun while it lasted. People were hurt, but hopefully no one died of it. Susan