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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (7427)9/5/2001 3:30:26 PM
From: MetalTrader  Read Replies (1) | Respond to of 23153
 
your post brings up the question of market definition. I have found one of the most confusing and aggrevating aspects of market analysis is the changing or changeable time perspective. So often we are comparing apples and oranges. What is for one observer a correction in a bull market going back to 1995 (the last time the S&P was on the current longterm trend)is to another a breakdown of the bull market trend that ran from 1995 to 2000. Both valid, take your pick, bull or bear? In anycase, it looks like either the market takes us back to below 1000 or the charts will have to be redrawn....and charts hate to be redrawn.

mt



To: kodiak_bull who wrote (7427)9/5/2001 4:36:18 PM
From: Second_Titan  Respond to of 23153
 
In & Out After reading KB's forecast I decided to take the 3/4 points on ONIS is 30 minutes.

Perhaps sometime this year I will learn and continually apply the practice of not to fighting for the same ground twice.



To: kodiak_bull who wrote (7427)9/5/2001 8:05:28 PM
From: cnyndwllr  Respond to of 23153
 
Kodiak, Re: <<We will have a capitulation, when all the weak hands (who now believe they're the strong hands) have been shaken out, when the stocks are too low for even the most reckless to try to short (INTC at 12?) and all that are left are the thin line of buyers. I expect to be standing in that line.>>

I'll be standing in a thin line then too, with a lot of other thin people, right behind Warp and JQP waiting for soup. gg.

If yawl (that's erl talk for the wanna-bees) will tell me what the catalyst for capitulation will be, I will join up with you and pounce at the right time. My problem is that I can't see the catalyst, I just see a coiled spring. Can you help a brother out??

By the way, save those old clothes, Warp, JQP and I may need them soon. Also cardboard boxes-the big ones you can live in and any old plastic for the wet days. Oh, and I almost forgot the most important thing, if you have any bad wine, DON'T THROW IT OUT. There's a lot of nutritional value in the nectar of the gods. Ripple is fine, port is acceptable, real good vitages that are a little under your standards will be accepted as a last resort (the reminders are so painful.) Ed



To: kodiak_bull who wrote (7427)9/5/2001 8:41:56 PM
From: kollmhn  Read Replies (1) | Respond to of 23153
 
while I wasn't a player back then, I was a witness to the prolonged selloff without a bounce that occurred in the 70s, as the "nifty fifty" went from hero to goat status.

It wasn't that there weren't bargains at the bottom. It's that no one with any balls was left standing to buy them. It took nearly ten years to convince a new generation of "investors" (read non-idiots) to take the market higher. Burn enough people and they all get gun shy.
This could happen again but, I'm not predicting it will. But, it will if the rest of this bunch of "tech will rebound big time, now, any quarter" crowd doesn't get some financial religion.