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To: AllansAlias who wrote (43830)	6/28/2002 2:22:48 PM
From: NOW	Read Replies (1) \| Respond to of 209892

even very non-conspiratorial folks noted that all of the buying the other day at the critical knife catching tie came out of the result of large buy programs by two of the big program-trading firms...OK, that alone means nothing...but why in the world would you think AG would not support market intervention? has he done anything to support such a view? quite the contrary.... a bitter bear, tired of alll the nonsense...hating the fact that this will go on ad naseum like Japan....

To: AllansAlias who wrote (43830)	6/28/2002 3:01:39 PM
From: bcrafty	Read Replies (2) \| Respond to of 209892

Allan, not only are you right but the focus of everybody (the bulls as well as the "bitter shorts") should be this: do not concentrate on where the market should be going according to your perceptions of technicals/fundamentals, but instead concentrate on where it IS going, in the timeframe of your trading preference. The trend is your friend until it ends (whether it's the trend on the 10-minute charts, hourly, daily, or whatever) If a person is short and sees the market change direction and go higher, he should get out. If he deeply believes that the rally is temporary and will not blow out his stops, then he should quietly take the ramp like a man (or woman) and quit whining about the "manipulation" and "intervention" or whatever and simply sit back and take a breather and let the rally run its course so that it can get back to the prior direction, and thus the trader will ultimately be vindicated. Like many other people on this board last fall, I quietly took my punishment for going short trading during the October-December rally saying to myself "how long is silly 'second quarter recovery theory' going to last? Does anybody really think for a minute that many of these companies are going to meet earnings like they are expecting?." I nevertheless took my lumps and went onward. IMO you correctly called that guy a bitter short. Only the sore losers are the ones that are saying "yeah we're rallying, but it's only because the larger forces are cheating in order to get this rally."