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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (8077)1/2/2002 10:42:16 PM
From: Augustus Gloop  Read Replies (2) | Respond to of 23786
 
Everything seems to indicate to me that we crap out before 2080 - guess that means go long on margin <g>



To: Jorj X Mckie who wrote (8077)1/2/2002 11:47:27 PM
From: Junkyardawg  Read Replies (1) | Respond to of 23786
 
Forgive me but it seems to me you guys are turning everything around to be bearish. IF the chart says bullish you say its bullish because this or that so that must mean bearish? huhhhh
If a stock is up then it up for the wrong reason so that is bearish? If enough people aren't short on the VIX then that has to be bearish....then again if too many are long that is bearish? WHAT? LOL

No we won't go back to the old mania but look at it this way, we no longer have to go to 5000 on the Nasdaq to have a huge bull run. As we all know many of the stocks that helped it get there are gone. So a run to 3500 or so will probably be more bullish (meaning more money made) than when the Nasdaq went to 5000. The reason of course is there are less stocks now and the few that run will run more than they would have run other wise simply due to supply and demand.

Whats my reason for being bullish? Its very simple, the FED. The fed busted me last time because I refused to acknowledge they have all the power (or all the bullits if you will) and what he FED has done will take effect.

Just the crazy words of a bull (btw: I just went bullish about two weeks ago). Who knows I may be bearish next week. I simply do not want the big boys to get all these stocks all the while they tell me the market is over bought and we find out later they were buying.

I also think this may be by far the best market to ever trade in...for the same reasons. We have fewer stocks and no mania thus more money can be made both ways. My guess is this market will go in cycles, one month bullish and runs hard the next month bearish and it crashes. I just don't think its crash time yet...now you will think I am crazy, I think we can run all the way to 2800 before we crash back down to 2000 or so. Then we run again and crash again...run again...crash again...;-) LOL