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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (5688)	10/8/2002 4:26:29 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 57110

my my... yes, berry interest indeed. and the parts you bolded are really key. The only thing I would make a comment on is that (as he points it out) it is this "momentum" the only argument for the bulls as a person in business, I have to agree with Fleck from the point f view of the fundamentals... however, as a trader (read speculator, gambler you-name-it) in this market, I have to listen to that part as well... yet he is right... this idea of "looking for the bottom" (which imo NOBODY knows until AFTER it happens), is the proof how "programmed" the financial "advisory" community is... AND unfortunately the herd, is so accustomed to be lulled by the melody of moronosity, singing the tune, "stocks will go up" [regardless of fundamentals] that in short, there is no hope... for a relatively quick cleansing sell-off based in such fundamentals... So.... on we continue... and i think we will continue for a while i suppose... the thing is to be alert enough to play these wild gyrations for one's benefit. i.e trade in and out as the "momentum" dictates... and... eventually... will reach those levels that Fleckestein talks about... perhaps many years from now... as I said, if one is a Bull, this market is equivalent to living in a leper’s colony... watching one's skin (equity) fall off in chunks -g