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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (9004)	5/15/2003 9:54:51 PM
From: Chip McVickar	Read Replies (2) \| Respond to of 207310

+5...+5 puts are droppen off

To: da_cheif™ who wrote (9004)	5/15/2003 10:10:38 PM
From: SOROS	Read Replies (3) \| Respond to of 207310

There you go again. I must have missed the explanation. If you can bring yourself to do it (for all the inexperienced simplewits like me), can you explain, in your opinion, why this bear market lasted only 3 years, when every other bear market that has followed a prolonged bull market has lasted about as long as the bull did -- that is, the market would not go down that long, but it would take that long to get back to the high that was established. According to my calculations, that would make this bear not end until 2016-2017. If true to history, there would be several 15% - 50% cyclical bull runs, but the final low would not be reached until stock valuations were considered cheap by everyone's standards, and most people would have turned bearish on stocks and not want them ever again. PLEASE explain in simple English why history in this case is totally useless. This IS a stock market question. I'm not asking about war, disease, currency, debt -- just the market and history. Thanks. I remain, SOROS