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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: StockOperator who wrote (37809)7/10/2002 4:30:14 PM
From: Gersh Avery  Read Replies (1) | Respond to of 52237
 
** rated "p" for puke **

hehe .. I was thinking about back in 98 and 99 .. I'd go out and buy put contracts thinking that we had run up so far and fast that it just had to retrace ..

The retrace would come .. last for a half a day and then back to the races ..

attn: last Friday was the retrace. Now it's back to the trend!

The market is going down for the same reason that it went up back then .. stupid money .. and stupid money will take it down further than it took it up.



To: StockOperator who wrote (37809)7/10/2002 4:30:35 PM
From: J D B  Read Replies (1) | Respond to of 52237
 
LOL. Since the market is supposed to lead the economy by 6 months or so, it would be impossible for the market to lose touch with the economy, but rather the economy must have lost touch with the market! I'd say that seems a very correct statement given the way the average person doesn't seem to be paying attention to the devastation we're seeing; they just keep on borrowing and spending.



To: StockOperator who wrote (37809)7/10/2002 4:45:41 PM
From: sandeep  Read Replies (1) | Respond to of 52237
 
MSFT on a sell too. IMHO, this market will follow to your tune looks like :-( Not good for the future...



To: StockOperator who wrote (37809)7/10/2002 6:14:13 PM
From: 1podstock  Read Replies (1) | Respond to of 52237
 
StockOperator..what's scary is that quite a number have appeared on CNBC and said they are 50%+ invested; someone appeared yesterday to say he was 90%+ invested.

Could it be that some of us here really have more brains in each of our cranium that the managers of an entire fund, for example, the Janus Funds?

And, hey, whatever happened to the mantra: don't fight the Fed? CNBC hasn't uttered that phrase since terrorist attacks. They spoke that phrase at least once a week throughout first half of 2001.

And did you see Maria? Is it my imagination, or does she look more haggard with the further drop of her beloved GE?