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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (42954)3/21/2002 10:57:53 PM
From: TraderXx  Respond to of 99280
 
<<this thread has become a bearish group think tank, it needs a little jolt now and then to realize that markets go both ways. >>

bobby..been splainin it to 'em forever...it just boggles the mind how these characters just don't get it <<gg>>

"Trade" the market.

TraderXx



To: bobby beara who wrote (42954)3/22/2002 7:52:16 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99280
 
BB: Re: "no your words are "major market top" bpspx at 35-40, doh same thing."

Nope. Topping processes can last a time as you may or may not know but given I don't think you are a permabear or permabull I assume you do know this for a fact. But given past history think I do not think we stay at BPSPX 75 for an extended period and being long here is like shorting the area of the September BPSPX lows. It is a low risk/reward bet. I think BPSPX 35-40 is a high probability bet seeing that is where markets have headed after reaching this area previously. Hardly think that is a "hell in a handbasket call." It is a call based on past history of action in the BPSPX. It seems the market has gone to that "handbasket" with great regularity.

Re: "this thread has become a bearish group think tank, it needs a little jolt now and then to realize that markets go both ways."

Oh, thank you for sharing that great insight about the markets. You don't know how much it means to me. Markets go both ways? Imagine that. I did not know markets can both ways that and neither does anyone else here. Thank goodness there are people here on earth who with divine and unselfish inspiration come to help their fellow man see the light that the markets can go in both directions, and who seem only to show up here at areas of extreme optimism or pessimism, to remind us that the trend is our friend.

Many of us bulls and bears have civil conversations here. You want to play bust the permabears, then play with someone else. I am not your imagined bear enemy. I am just here to share my thinking and learn some things from others.

Good luck.