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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (15419)	7/22/2002 8:14:47 PM
From: Gottfried	Read Replies (2) \| Respond to of 23153

jim, >We didn't have them back in 1929< do you mean the oversold indicators didn't exist then or they did not indicate oversold? It would be fun to see a 1929 chart with indicators. Gottfried

To: jim_p who wrote (15419)	7/22/2002 9:07:05 PM
From: Warpfactor	Read Replies (1) \| Respond to of 23153

<<I don't think the over sold indicators have much meaning in a post bubble bear market.>> I am going to go with the indicators and their historical performance at extremities and hold my positions. If the DOW tanks another 1500 in the next week, VIX hits 70 and McLellan oscillator hits -500, then I will have lost some money and you can then say "I told you so!!". If you are certain of your convictions that "Its different this time", will you be taking short positions? My trading port was up today, my IRAs would have been up if not for PGO. Maybe I'm feeling a little bulletproof. I'm not bragging, usually when I do (brag) I get it up the arse the next day. So I may be singing a different tune tomorrow.