Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: augieboo who wrote (8554)	9/28/2002 8:28:37 PM
From: lurqer	Read Replies (1) \| Respond to of 30712

I'm the type that looks for "flies in the ointment". Seen any wedges lately? Message 18045748 lurqer

To: augieboo who wrote (8554)	9/28/2002 11:31:40 PM
From: Jeff	Read Replies (1) \| Respond to of 30712

augie....this is what i mean by living in reality.....folks who use message board sentiment have no clue.... now look at it this way..... with their kind of thinking.....because of some obscure message board on a coffee shop thread no less....a thread that has been talking about this since may and the retrace has not been altered yet....a thread that has maybe a "handful" of regulars..... well....because of this thread....world history will change forever....the way financial bubbles unwind will never be the same....they will have to alter the entire structure of bubble retraces just so they can screw a handful of guys on a coffee shop thread.....to screw us....they will now have to turn the 29-32 retrace into a different direction and put us into a nikkei retrace and plunge this country into hell for many more years to come all because a coffee shop thread is following to close for comfort....<ggg> unbelievable!!!!!!!!! the market has its own built in filters to screw the most folks anyway..... from oct 99 to march 2000.....the bubble blow off top....the market stayed in overbought from a weekly anti-venom that kept folks selling to soon to enjoy the full riches to be had....as the grind up kept going...more and more folks started then chasing....and many gave back what they made when the market rolled over.... and of course because of those overbought conditions...shorts kept shorting and kept getting toasted in the grind up.....thats just like the falling knife catching bulls now..... ok....now we are on the opposite side of the financial bubble.... in this final unwind phase.....or washout cycle...just the opposite of the bubble top....indicators will be in oversold alot.....we have not weekly anti-venom now...now we are getting weekly d-blows... so....bulls will keep buying....and catching falling knives because things can't stay oversold forever.....that will be their thought process...and bears will fear shorting down here so low because of the oversold conditions also....so they then figure the only game in town has to be long....so now you get more knife catchers... the point is.....the t/a will keep most folks from believing the retrace has a chance in hell to go to 700....you can see that starting already...... the t/a will look bullish all the way down as it toast folks daily.....just like the t/a screamed sell and toasted bears trying to short a bubble top in the making... and folks think the bear market will end at 700.....no way....the unwind of the bubble is only the first step in the big picture of a huge bear market....just like in 32....sure the market ramped nice till 1937....but then it did nothing till the 1950's...... sharelynx.net so who knows for sure....but if this is another 20 year bear....we are only in the early unwind phase.....and folks who get wiped out in the early unwind....won't be around to enjoy the ramp after.....and in 4 years if they again have money to get in....they may be buying high again and sitting on dead money for a decade or more.... so....for me.....and witnessing this unwind phase.....i think its crucial i take this serious now.....because if i'm not around for the ramp after.....it could be very hard for the next 10 -15 years for me.... my only goal is to survive the washout phase and make a killing in the ramp aftermath....i could be set for life then..... if the washout phase gets me.....there won't be a future.... the folks who survived the 32 washout got rich as the majority suffered in the despair of the depression.... for me....thats why being prepared for the worst case is vital.....if i know its coming....it won't wipe me out.... and if it doesn't come.....an up market sure won't wipe me out....because i'm not a bull or bear.... and those who aren't prepared for the worst.....well...many lives could be ruined.....and many likely already have been ruined...... its all about dealing with reality now before its to late.... those folks who think this is a bear thread.....they have no clue.....