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To: stockman_scott who wrote (10255)1/5/2003 8:19:57 PM
From: Sig  Read Replies (1) | Respond to of 13815
 
Hmmmmmmm:
Take a look at some of this old bear talk in 1998, see how they made out on predictions

bearmarketcentral.com

<<< "Whatever comes to pass, none of this could possibly be the start of another massive wave up in
the markets. Indeed, it is perfectly consistent with our view of the markets moving down
dramatically to new lows, soon. The stage is set. The prospect of an Al Gore presidency is enough
to scare the shit out of any bull.">>>>

>>>> The Great Bear is flexing its appetite again. The DJIA slipped to 8730 Friday morning before recovering a bit to close the week at 8821. Intraday, the DJIA has now fallen 650 points or 7% from the all-time peak market of 9380 two weeks ago.
We continue with our ongoing outlook that the market is in a massive bull trap rally that is merely setting the stage for an inevitable and historic market crash. See the back issues index for a refresher.
US stocks remain on FULL CRASH ALERT!
The markets are weak going into Monday morning trading on Wall Street. The Asian markets are mostly lower, with the Nikkei 225 slipping about 1.3% to 14,200. The March S&P 500 futures trading on Globex are off about 8 points, perhaps kicking off another down day and down week for the markets.>>>>
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So let us say we believe these Gurus and sell in Dec 1998
Qcom was at $6 , a year later at $176
Jdsu was at $7 , 20 months later at $125
The NAS was at 2000, 20 months later at 4234
The Dow was at 8900, 20 months later at 11238 and in Mar this year at 10427
. Sig