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To: AllansAlias who wrote (70089)3/31/2003 6:24:35 PM
From: Shack  Respond to of 209892
 
True enough. Its particularly emotional right now given the erratic external events. The key to staying detached is to turn off CNN and turn up the tunes!-g/ng

After perusing a few charts I do not know where we are, but I am pretty confident that the big 'C' is postponed.



To: AllansAlias who wrote (70089)3/31/2003 9:56:02 PM
From: NOW  Respond to of 209892
 
still, p/c , VIX etc show little fear.



To: AllansAlias who wrote (70089)3/31/2003 10:04:20 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
The emotion of the market is so interesting. Two weeks ago you couldn't find a bull. A week ago, lots of folks were talking about a new bull. Now there is widespread doubt.

LOL... Fractals in action, indeed. In 1983, equities were dead... in 1999 sky was the limit... during more recent lows the end was just around the corner.

Our Neanderthal nature fogging up our trading.



To: AllansAlias who wrote (70089)4/1/2003 12:50:03 AM
From: Perspective  Read Replies (1) | Respond to of 209892
 
Does this surprise you? A trader can't know what the market will do with certainty. You can only know what it has done, and guess from that behavior what might follow.

I did NOT expect in any way for the war rally to be anywhere near as strong as it was. I knew something was coming, and that I didn't want to play it with *my* money, but I had no clue it would involve 2.5B share days and multiple 3% moves. Having seen that, I respect the bulls' ability to move prices higher. I was expecting another leg up.

If we drop much more, the impulsive nature will be lost, and we're left with yet another impulse without a decent brother, which would mean it was a terminal move.

It appears that we remain mired in jello, and I have no interest in getting whipsawed back and forth in this chop. Wake me when we have a little trend uniformity.

BC