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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (1320)	2/8/2003 2:06:08 PM
From: sa-mule	Respond to of 11447

ditto eom

To: LTK007 who wrote (1320)	2/8/2003 2:21:42 PM
From: sun-tzu	Read Replies (2) \| Respond to of 11447

show me one week where the percentage loss equaled the one day loss in 1929 and 1987. you can't, because it hasn't happened. as for the Naz, sure it's been castrated, but that's called a bear market. and bear markets are typified by ferocious rallies, as well as prolonged hemorrhage. so, to pin ones trading capital on a mythical "plunge" is a high risk play. if someone wants to short and hold, that's fine. otherwise, heckling a trader going long because of an imminent "crash" is absurd. as for the "PPT", the federal reserve was created long before 1988. any thoughts of coordinated futures buying by institutions and brokerage houses borders on paranoia. the Fed pulls the strings and certainly it's chief is a failure and an embarrassment.