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


To: 16yearcycle who wrote (71584)5/26/2002 1:57:55 AM
From: lifeisgood  Read Replies (1) | Respond to of 99280
 
Brilliant, George, brilliant. First of all, it was 73-74, and you may want to check what happened next.Hint::the nas went up 100% in 15 months.

It's these type of buy-the-dip-it's-always-worked-before statements that convince me we're not there yet. Please don't take this personally Eugene but I believe that millions who think like you will eventually lose it all. That will mark the bottom. Unfortunately, at that point they will have no money left to buy stocks at bargain basement prices.

best...

LIG



To: 16yearcycle who wrote (71584)5/26/2002 2:04:04 AM
From: LTK007  Respond to of 99280
 
But that 15months was a SWING TRADE move, the Bear did not complete itself until 1982.

But Eugene you refuse to see we are NOT even CLOSE to bear market evaluations, so the capitulation post 9/11 was NOT a true capitulation, it was 9/11, that is what it was.
I really don't understand bulls at this time, i guess they will be bulls until hell freezes over. Max p.s. Eugene remember it TOOK 8 YEARS to get to that 74 low from the 66 high, 8 long years. We are only 2 years into this.Max