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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (7656)	9/21/2002 5:47:49 PM
From: Justa Werkenstiff	Respond to of 30712

Rally ho! <g>: biz.yahoo.com

To: Justa Werkenstiff who wrote (7656)	9/21/2002 5:55:10 PM
From: KevinMark	Read Replies (2) \| Respond to of 30712

I'm not even concerned with that indicator, but it's clear other indicators are lining up perfectly to a major 3-4 month market bottom, at least for this year. The only thing bears could hope for at this point in time is a rally to offset the indicators to short later in time. Any weakness from these levels over the next 2 weeks should be bought aggressively and held till the beginning of 2003.

To: Justa Werkenstiff who wrote (7656)	9/22/2002 12:26:44 AM
From: Jeff	Read Replies (3) \| Respond to of 30712

justa...whats really sad is this.....the remaining bulls around are using thread sentiment as an indicator....they say too many bears around now and thats a good sign.... truth is....of course theres more bears around....thats because most of the bulls are being wiped out daily by blind bull leaders and their reckless calls into the teeth of the worst bear since the 30's.... as long as theres bull t.v experts like AJC and the likes....and blind bull leaders on threads with large followings who keep making reckless bull calls into the teeth of a bubble retrace.....well....it will just keep bleeding down till the blind followers are wiped out in each next new low that follows..... the thing the bulls need is a reality check..... on this thread.....we deal in reality and facts....we see the bear market for what it is.....we also see the rallies that are within the waves of this decline.....where pure bears just scream down down down with no facts given.....just like pure bulls just keep catching falling knives because of reckless price projections that don't have a chance to happen in this type bear market.... we call the dumps...we call the ramps.....we have low targets set from facts from past bubbles....we will know when to give up the bearish calls because we have planned for them.....and more important....we have the high upside potential of all ramps locked under a cap....so we know if they break up.....only then do we have to think of higher targets..... blind bulls have no clue of the downside....thats why they are being wiped out daily.....they have no clue the upside is capped....so they give these silly high projections that don't have a chance..... when you respect the downside like we do....you have a good chance to be here at the "real" bottom....when you don't plan for or see the downside....you will be another bear market victim..... a bull run up won't wipe you out.....but a bleeding bear market will..... when you are "neutral" like us and deal in reality....you get the best of both worlds....we won't be wiped out because we respect the downside targets.....and we know theres going to be upside ramps coming.....but we also know they are capped....so we will never be bagholders when the next dump comes..... and the biggest test is yet to come..... you see...as the ranks of the bulls are slowly being thinned out daily....well....in order to get that bubble retrace final bottom.....you need the bears to turn to bulls......thats starting to slowly happen already..... you see...this won't end in a crash....this is going to bleed down and down and down.....the retrace shows this.... in retrace terms.....the bulls have two more up periods this year....one coming up that is capped under 1300.....then folks think october is a big crash....not really....it will bleed down and down.....it wouldn't crash till the end like after options.....then the bulls get an august like rally in november....20% or more...... but then its over.....those holding the november high would not see that high again till may-june 2003...... there it is.....following a retrace that has not failed in 2-1/2 years we have the downside in our minds and will not be at all surprised if it happens.....we are prepared for it.... we also have the next rallies marked....and capped.....if they break those upside targets....we will know....but more important.....if they don't break those upside targets....we won't be "bagholders" to a bottom blind bulls can't even imagine..... thats not being a bull or bear..... thats dealing in "reality"......nuff said.....