To: nsumir81 who wrote (16810 ) 11/23/2002 5:33:26 PM From: LTK007 Read Replies (3) | Respond to of 30712 Absolutely. This is where people who invest LTBH on cycle theories and liquidity and momo, are going to be toasted. Here is a little reality, the Primarry Bear Trendline of SPX plus a couple notes stockcharts.com [e,a]declyyay[df][pb20!b50!b200][vc60][iub14!la12,26,9!lp14,3,3][J8090163,Y]&listNum=1 The next leg down is going to break the LTBH,(LongtermBagholders).The fact is big time trading is taking this market over like never before in history.The possibly tragic fact is LTBH doesn't know this, so one more time they be sucked into the fire only to be incinerated. I see a process of investor confidence reaching a breaking point and collapsing, so we will end up with a market of bull traders versus bear traders in a bizarre nintendo game. Until the 1990s the % of public money in the market was far lower thru out history (mind you in late 1920s ONLY 20% of public was in the market, and 90% of all monies invested were from 10% of the public). I personally don't see why people do not see the underlying danger to our casino market and the major danger to our country that has developed because of Greenspan's(pump pump money<force that inflated market to remain inflated>, easy easy credit, do anything to keep the consumer from saving though he KNOWS it is a disastrous policy but he ALWAYS surrenders to the politicians,always--and politicians are terrible economists). This has obviously zero to do with swing trading, but i am pretentious enough to believe i see where this is all leading(and with conviction) and i happen to care that the public at large are going te the one's that get flayed but the Big Money will be richer than ever.As my friend who manages accounts not less than 10million, the whole premise on the Street is to keep the rich getting richer and scam the public without shame or regard for their future. Max