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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (5473)9/28/2001 1:03:49 AM
From: Chip McVickar  Read Replies (1) | Respond to of 8150
 
That's too long for this time of night.

Anyway, earlier I was reading Richard Russell and Peter Eliades and I've had enough fur one day.

Russell Quote:
"Were in a Primary Bear Market, and in a bear market stocks go down and for some unknown reason -- bad things happen."

Gimme a Break...!

If this is a Primary Bear Market we'll see DOW 3000 by Nov 02...!



To: da_cheif™ who wrote (5473)9/28/2001 1:21:05 AM
From: Runomo™  Respond to of 8150
 
"It is just that group of optimists, Mr. Farrell said, that must be driven to sell before the market hits bottom. Mr. Farrell calls it a ''capitulation'' phase - a time when everybody simply gives up. ''It doesn't have to be a lot of screaming and 100-million-share days,'' he said. ''It can be a disinterest in stocks and a preference for something else.'' As Mr. Farrell figures it, a final sell-off could come by November and maybe sooner."
Robert Farrell 8/15/82

Wow chiefy... this is a great find! cause I just happened to catch this same guy on CNBC on Tuesday. He was the talking head who was STILL looking for capitulation.
Sometimes history does repeat over and again....

Mo