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


To: jcky who wrote (35152)4/2/2001 5:28:51 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
on massive declines, the whole world agrees we go down
that is typically a second leg down in Elliott terms
right now, the whole world is getting in synch
that is why rallies dont last more than two days
two days is enough to drag out morons and fools
/ jim



To: jcky who wrote (35152)4/3/2001 8:24:19 AM
From: edamo  Respond to of 65232
 
icky...."zany bubble posts, contrarian indicators"

the same holds true for the downside.....this type of environment with "nouveau investor" mentality will create a similar inverted bubble......the zany end of the world postings, and the rush to buy puts and short by the novices will offer a similar contrarian indicator....

long term market trend is up, same holds true for quality companies...10-12% per annum returns are probable, but the vehicles that gave so much and took even more away are falling by the wayside.....

not as easy as the bull market geniuses thought.....still money can be made and preserved if prudent....which is a demeanor that many still fail to achieve...

no more "to the moon".....i've always been satisfied being a few feet above sea level....the fall is much less...