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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: tennessee_ted who wrote (38529)3/17/2001 12:43:49 PM
From: SirRealist  Respond to of 49816
 
While I would not make your 15-20% loss a general rule for long term investors, I would say that unusually bearish market conditions appear 5-6 times a century, and particularly after a big bubble (1920s, 19990s) it is a wise rule to observe. Still is. Even now.

Cash wins. The analysis I just posted suggests a possibility of another 33% drop in tech. What are folks afraid of? Capital gains? Missing a fresh bubble? The latter ain't gonna happen.

I think you're right Ted. Preserve capital and buy after the bottom.



To: tennessee_ted who wrote (38529)3/17/2001 5:40:20 PM
From: DebtBomb  Respond to of 49816
 
ted, the trend right now is, sell, margin calls are happening. But, we're probably closer to a short term bottom than a top.
The market is a monster, it will make many people sell at the bottom, someone has to.
A counter trend rally is coming, don't know when or what the catalyst will be, maybe capitulation will do it.
We'll see.