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

To: pezz who wrote (4743)	6/11/2001 12:16:52 AM
From: westpacific	Read Replies (1) \| Respond to of 74559

The bandits are those with massive RISK MANAGEMENT strategies right now. They will be the ones to reap all the rewards the rest of this year. The pros know how to read the technicals and are not listening to the massive hype machine of Wall Street. Nor are they praying for a recovery that may never come. West

To: pezz who wrote (4743)	6/11/2001 3:28:08 AM
From: LLCF	Read Replies (1) \| Respond to of 74559

<This has always been the case...And will continue to be so. Time will sort out who are the bandits and who are the sheep.> Yep wise words all, except for the lack of realization that sheep, by definition are in the flock... and the flock, I'm afraid is clearly identifiable as shareholders and NOT holders of cash. The average household in the US owns more stock than at any time in history as a % of his/her portfolio. Wouldn't mention this on it's own, but you brought up sentiment, etc. IMO there is little evidence to support your contention that we have seen a bear market bottom. BTW... look around town, too many new SUV's and sports cars as well as homes... no, we're going down town my friend. DAK