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To: Chip McVickar who wrote (2166)8/9/2001 9:25:17 AM
From: Chip McVickar  Respond to of 12410
 
Hear Ye Hear Ye... Come Right Up and Get Your Feed...!

contraryinvestor.com

Commentary that's a most beautiful example of Market Dribble.

Absolute Perfection...!

Can you feel the fear Grip Ya....such Bull $hit...!

Believe this stuff an'ya might as well buy Value Line and just close your eyes.

And this non-linearity in near term economic trajectory is reflected in the emotions of the consumer:

As you know, there are no magic signs at the bottom. Much like the financial markets themselves, the bottoming of a cyclical economic decline is a process. Trying to pin point that bottom can be a costly undertaking. Remember, based on history, economic head fakes are the norm, not the exception.....

As financial and asset bubbles burst and complete the ultimate process of confidence destruction, the financial, economic, philosophical and emotional layers of that confidence built up in original support of those bubbles seem to peel away one by one. One dream at a time. The irony, of course, being that just about the time the last dreamer has departed the financial field of play, it will once again truly be the time to view it as a field of dreams.