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To: max_a_million who wrote (106768)	10/11/2001 1:20:37 PM
From: jazzcat2000	Respond to of 152472

Sounds like you just lost some money to be so pissed. What gives you the right to try and guide who we listen to or not. Check out your November 2000 post to MM where you "thanked him for his insights over the years". Grow up. People on this thread aren't sheep so go and try to be a savior somewhere else.

To: max_a_million who wrote (106768)	10/11/2001 1:37:42 PM
From: marginmike	Read Replies (1) \| Respond to of 152472

Firstly my trades are made on a Technichal basis, IE I am bullish now ST because 1)VIX at 32 2)COT covering short positions 3)P/C very high until today 4)QCOM resistence levels of 42.5 and 47 broken. I am bearish because of these MACRO FACTS 1)Consumers in the USA are taped they have the lowest level of equituy in their homes, lowest savings rates, and have been on a buying spree for five years. They will eventially get tapped out, and when the lose their jobs or their bonus's get slashed a lower interest rate wont help them. 2)Scott mcnealy and several other HONEST CEO's have stated quite clearly that business has never been worse, and analyst's who claim a recovery is right arround the corner are full of it. Scott M said"cash is a good place to be. 3) I am negative because historicaly Bear markets end with single digit PE's for the S&P not one in the 25 range. 4)Bubles dont end in pleasent ways with Housing and Auto sales near peak levels. 5) Technichaly the market is in a downtrend, and until that changes we are in a bear market. I may not be right, and sometimes I say things off the cuff, but I am no voltaire and would debate MACRO economics with you anytime you would like. We can discus Revision to the mean, or Kenseyean Economics, you name it Einstein.