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To: yard_man who wrote (40415)5/28/2002 12:28:27 PM
From: martin001  Respond to of 209892
 
Youre probably right <ng>

Its a strange market right now.
I've got lots of mixed signals and frankly am considering
hiding in the weeds for a while instead of forcing some
new trades.

m



To: yard_man who wrote (40415)5/28/2002 12:35:45 PM
From: AllansAlias  Read Replies (6) | Respond to of 209892
 
LOL. I am making a little list of all the hopeful phrases we have encountered over the last two years. It is fascinating to me to see how a slope of hope is maintained. I am not poking fun here; it really fascinates me.

I'll start the list and would appreciate any additions the posters here can add. I will repost the entire list when we've got something. Try to remember when the hope was being voiced so we end up with a timeline.

Hope: Baby boomers will rush in.
When: Mostly the fall summer/fall of 2000 I think.

Hope: Election cycle and a republican win.
When: Fall of 2000.

Hope: Cash on the sidelines will go to equities.
When: all periods

Hope: A falling dollar is good for exporters.
When: Summer/2001 and again now.

Hope: It was only a tech-wreck.
When: Since spring of 2001

Hope: Rydex is overly bearish.
When: Winter, 2001/2002

Hope: This is only an inventory correction.
When: Summer 2001?

Hope: P/E's don't matter
When: all periods

Hope: This is a new era in the VIX
When: Winter, 2001/2002

Hope: The consumer will bail us out.
When: all periods

Hope: Hedge funds are now too popular. Must be a bottom.
When: now

Hope: Real-estate can keep going up.
When: all periods

Hope: We may never see inflation again.
When: all periods

There are so many others, but this is a start.



To: yard_man who wrote (40415)5/28/2002 2:29:39 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
We just got our $88.45 target on PG. Has to bounce now or it risks doing the near unthinkable -- gapping down tomorrow out of the year-long up-channel. That seems unlikely.