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

To: westpacific who wrote (59330)	4/30/2002 4:52:11 PM
From: oldirtybastard	Read Replies (2) \| Respond to of 99280

his post sounds like some sort of deepak chopra-tony robbins bullsh*t, the bulls want to push this market up through telekinesis LOL

To: westpacific who wrote (59330)	4/30/2002 5:03:24 PM
From: shaun gehring	Read Replies (1) \| Respond to of 99280

Shaun, it is obvious you are not a student of the markets! It’s easy to throw insults but better to back them up with valid reasoning! Sure technology is going to do great things, but that is not what drove the bull market, loose money, free credit via the FED is what drove the bull market. Right and Wrong! Loose money and free credit had a large part that I will not dispute. But, Tech fueled the fire. See this is how it happens. A company designs a new widget. They market this widget to the VC’s. VC’s know absolutely nothing about tech. They would be amazed with how an Etch-a-Sketch worked. Well, they also have the free money that you spoke of. They assume this new widget is the best thing ever seen and they give away a blank check as it were to the company. Press releases flow. Rumors circulate and hype heightens. The widget goes to market. Then the people like myself that understand the fact that a Cray supercomputer doesn’t have the complexity of the nervous system of a common snail blast the widget for being a piece of crap. Then the bottom falls out. See what happens when Bulls and Bears work together! Shaun