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To: stomper who wrote (11663)8/29/2001 9:13:43 PM
From: AllansAlias  Respond to of 209892
 
These is worth the 5 minutes it takes to read. As far as I know, the good Options Doctor is no bear. I like his approach here -- stay sold, but be careful.

Excerpt:
One of the things that the bulls have been crowing about is market breadth (by the way - as a generalized sentiment indicator, you should note that there are a lot of bulls on TV every day and they are quite aggressive, making statements such as, "Of course, the bottom was established in April" and the even more idiotic, "This market wants to go up." How would they know that? This type of behavior is bearish from a contrarian standpoint. When the bulls capitulate or at least show some humility, then a bottom might be at hand).


Full article with charts:
worldlyinvestor.com



To: stomper who wrote (11663)8/29/2001 9:19:05 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
This is worth the 10 minutes it takes to read. Anybody is thinks that this sort of thing is just doom and gloom is living in a bubble, er, well, you know what I mean -g:

Be careful when your country becomes a country of stock market players.

for every dollar spent on the purchase of goods or service in the overall economy, $2.58 is spent in the trading of stocks.

cross-currents.net


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