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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (54543)	8/20/2002 5:44:54 PM
From: Jill	Respond to of 65232

I'll be glad to, after Labor Day probably, when I can focus more. One thing T's letter said this morning--on CNBC (which you ought only listen to for contrarian psychology) they were asking last week, "Can it ever go up"--at such moments you sort of expect it to, because as T often says, everybody pukes at the lows, its classic psychology. And it did. Then they ask "Can this rally have legs?" At which point you think it just m ight, but you never know. Just for fun you might go order that Elder book from Amazon. Its got some really good market psychology in it. I forget the title at the moment and I have it in the city. I remember him describing the market as an eternal battle between bears and bulls--always has been, alwahys will be.