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To: 16yearcycle who wrote (13515)8/19/2002 12:46:12 AM
From: Bill Harmond  Respond to of 57684
 
Down, boy.



To: 16yearcycle who wrote (13515)8/19/2002 1:09:02 AM
From: Lizzie Tudor  Read Replies (2) | Respond to of 57684
 
whats amusing about all those "bubble charts" they post on the trading threads... is some of those were created in 2001. The "us and japan mania mkts" by Al Larson- look at that one. He superimposes the nikkei on the S&P. Now this is the S&P, mind-you, the naz chart would be much more severe. Anyway on this S&P vs Nikkei chart the first graph implies way more downside. Then updates as time passes... finally the last update in June, 2002. "Trend is down"- it looks like he is looking for a range between 810 and 990- LOL! We've been there and beyond in the month of July!!! The rest of his chart is straight up... so that means this guy is a bull now? <gg>

I suspect that even though the actuals are worse than these scary tactic bear charts they will not revise their thinking and declare the worst over. They just ratchet down the targets for their perma bear stance. Its always been that way, even in the bull mkt with the MDD threads.
L



To: 16yearcycle who wrote (13515)8/19/2002 10:45:06 AM
From: Sonny Blue  Read Replies (2) | Respond to of 57684
 
The 14-Year Bear Itch:

forbes.com