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To: Ruffian who wrote (97668)4/18/2001 10:45:30 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
Ruff My nickname used to be "Donnie Baseball" cause I was always the point man. If you choose to listen to A guy batting .090 this year then a fool and his money will soon be parted. I like VOLTS but his record aint so good. The market will run then retrace 50-68% of the move. The economy isint exploding upwards.



To: Ruffian who wrote (97668)4/19/2001 12:32:59 AM
From: Kayaker  Read Replies (2) | Respond to of 152472
 
....The first rally must have a tremendous surge for a major market advance. If it does, it generates more buying enthusiasm and brings in people who missed the first move. It prevents a large correction because that first rally reverses the market psychology. People who missed it are sitting there loaded with cash and eager to get aboard. So, after the smallest setback, new buyers enter and there is no sharp correction. One of the frustrating things for people who miss the first rally in a bull market is that they wait for the big correction and it never comes. The market just keeps climbing and climbing. It feeds on itself in frenzied fashion and propels prices considerably higher for six months or so, and sometimes longer.

Marty Zweig
Winning on Wall Street
1994