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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (16785)5/4/2002 12:52:28 PM
From: plugger301  Respond to of 26752
 
No fear...but I watched Art Cashin in the evening wrapup, and I saw for the first time an expression of unease and the patter which usually explains away market fluctuations was absent. My first hint of bullish possibilities. <g>, just remember it is a leading indicator. LOL



To: Susan G who wrote (16785)5/4/2002 3:00:48 PM
From: randy1503  Read Replies (1) | Respond to of 26752
 
i don't think fear and capitulation have anything to do with whether the market bottoms or not. stocks are just simply overvalued relative to the economy, so even if we have a capitulation type selloff (whatever that is) on monday and the market loses 25%, stocks still might be overvalued and not go up. until our economy shows stronger signs of growth, i don't think anyone will commit themselves for anything other than a short term trade. the market can slowly bleed for the next ten or twenty years, but eventually there will come a point where the economy improves and valuations become attractive again and the market will go up, without widespread panic or capitulation.



To: Susan G who wrote (16785)5/5/2002 8:24:39 AM
From: J_K  Read Replies (3) | Respond to of 26752
 
Hi Susan,
do you have a minimum downside target after that NDX breakdown out of the descending triangle?

Thanks,
JK