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To: The Freep who wrote (89558)1/17/2004 7:02:25 PM
From: bcrafty  Respond to of 209892
 
Freep, Desmond & Lowry have done way too much research
to be taken lightly by anyone, IMO.

That, together with the neutrality and objectivity with which they present their findings make them people whose opinions have to be respected. One also has to note the better than average timeliness which has accompanied their past projections.

There is much other data, macro and micro, fundamental and technical, that also says the rally is not done yet. One of my current macro-indicator faves is the specialist/public short ratio still reading a very bullish .60.



To: The Freep who wrote (89558)1/17/2004 7:22:07 PM
From: mishedlo  Read Replies (2) | Respond to of 209892
 
In other words, he's missed the first 1500 points of the Dow rally, but he's willing to admit there may be another 1500 points. Makes sense to me.

the freep


There are three possibilities here
1) willingness to believe it
2) calling for it
3) actually playing it

Exactly what is he doing and recommending

I am willing to believe about anything after this
I sure as hell am not calling for it
I would never play for it here

Would rather trade gold stocks or eurodollars or something else

M