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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: furrfu who wrote (44266)6/19/2001 2:33:31 PM
From: LTK007  Respond to of 56535
 
< Geez, are there any bulls left on this thread?> i also will jump in a twink for a short-term bull ride if i see it coming,but i don't see it today--in fact the Ellison rally is a leaking balloon(that being a bit better than a lead balloon).max p.s. see they are trying a rally off 2000,classsic whole number battle line.



To: furrfu who wrote (44266)6/19/2001 2:34:00 PM
From: Canuck Dave  Read Replies (1) | Respond to of 56535
 
Mooooo!!!! I'll be one of the herd, too.

No reason right now. This unwinding of the bubble is entering the third phase and will still take some time to play out, IMO.

Stage 1: Market corrects worst of 'not a chance' companies.

Stage 2: Real companies start to feel the pinch.

Stage 3: Problems spill over into society at large and strains start to appear in other areas (like the credit bubble).

Stage 4: Full blown recession and run for the exits.

Stage 5: Recrimination and finger pointing, while smart money finally starts to reestablish positions.

CD