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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (20664)	7/1/2002 4:55:18 PM
From: marek_wojna	Read Replies (1) \| Respond to of 74559

<<The fix is in. CNBC is being used by Wall Street to drive the market down to the final capitulation.>> Only partial agreement on this one Ray. While it would be more than convenient for the Street to have the washout this week (the blame would be put on terrorists) the accounting will drag us into the real mamma bear in the stocks for years to come. That doesn't mean we shouldn't trade, but at least on my part I foresee capitulation sometimes in 2005 or 2006 when the love for the stocks will be replaced by hate. I might be wrong, it is only IMVHO.