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

To: ChrisJP who wrote (56231)4/25/2002 8:57:44 AM
From: ItsAllCyclical  Read Replies (3) | Respond to of 99280
 
>> In the 1930's, the markets bottomed after about 3 years. We are in month 25 of our crash right now.
So based on that logic, you should be claiming that the bottom is mostly in. <<

But the S&P 500 and Dow have yet to correct. Gold to 400+.



To: ChrisJP who wrote (56231)4/25/2002 9:23:35 AM
From: orkrious  Read Replies (1) | Respond to of 99280
 
you should be claiming that the bottom is mostly in.


first, history never repeats itself exactly.

no question we are closer to the bottom than the top in the nasdaq. but do I want to buy here and lose 30-50%. no thanks.

in the rest of the market, I am not sure we are halfway down. I don't know that we're not. time will tell.


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