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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (55619)	9/25/2002 6:30:34 PM
From: GREENLAW4-7	Read Replies (2) \| Respond to of 57584

You know something Rande, If you research my posts going back to the winter 2000 and beyond, I have always felt if Japan could have a 10 year bear then the US could just as easy based on the savings rate and the level of individual debt. I believe the next shoe to fall will be the large money banks and then the consumer. Its my belief we as Americans that had such excess in the 80's and 90's can only expect to have the opposite now. Its quite sad the few times I do listen to CNBC or Bloomberg all I hear from the pundits on WS is keep buying. I have no long term holds anymore. I trade with 1/6th of what I used to not from losing but from taking my profits out on a quarterly basis. Its much more difficult to make money in this type of a maket long or short. Perhaps my best bets were the telecom shorts from late November. I do believe we will have strong rallys but the trnd will be significantly down.The BEAR will be dead when CNBC gets replaced with OPRA reruns. I think we are no less then 1-2 years from the actual bottom, but I see a prolonged period of sidways action probably until 2005-2006 area when the market and NASD will once again sprout into Bull. I think EUROPE will lead the way before we do. I was very disgusted with how our government just let ENRON employee's lose everything while in the same breath handing over several billion to the airlines that just went bust. Something is wrong with the entire public corporate structure as of late. Seems as if the excess gave managment a case of MENTAL RETARDINESS. I miss alot of guys and girls that use to hang here and else where SI. I think many got wiped out in this vicious bear. I don't think sox is at bottom or the BTK ot the OSX. I think we must head to the 4000-5000 area in the DOW and probably lower, while the NASD will probably see 600 before it see's 2000. Many will read this post and think I am AntiAmerican, or a comunist, no I just see America as a first class country that go so ahead of itself with corporate excess that the CONTRACTION will be the norm for a very long time. That MOABO ( B. Brinkers Mother of All Buying Opportunities) Will be another head fake. The industry that will pull us out of this mess will be................................................................................................................................TELECOMMUNICATIONS. The rebuilding of the next generation of OPTIC signals will burst the BEAR BUBBLE of 2000's This decade will go down as the worst ever for the market that I can assure you. The next time around we will not have over capacity even close to what we had in the 80-90's. In the mean time I watch, I read, I study to make myself that much better of a trader. Good night all!