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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: ams who wrote (16170)	7/13/2002 10:01:39 AM
From: TraderAlan	Read Replies (2) \| Respond to of 18137

<Below is an excellent essay on why we are on the verge of entering the Great Depression II. > Sounds like the Rule of Preconceived Negativity is at work here. Do you know you could have posted those same articles all through the 1990s because "they" were writing exactly the same thing. I really think "they" never traded a single day in "their" lives. What's much more at work than the technicals is a Sunday school sense of doom and damnation. It's always been part of the market, but not by the people who actually participate in it. As Mr Natural once said, the mother of all bear patterns don't mean s--- once the doom squad grabs a hold of it. Alan

To: ams who wrote (16170)	7/13/2002 3:34:49 PM
From: Allan C.	Respond to of 18137

Future generations will be reading about us in school text books. OLD SCHOOL: 1. Raise an army 2. Go steal all the other guy's money 3. Build a great empire with the proceeds NEW SCHOOL: 1. Raise an army of bankers 3. Go borrow all the other guy's money 3. Build a great empire with the proceeds It is a sad day for the empire when the other guy runs out of money. There is truth in that dismal article, but I'm not gonna dwell on it. Things are never as good or as bad as you think they are. (except for the times when they really are as good or as bad as you think they are. Oh, there are also the times when things are better or worse than you think they are)