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To: skinowski who wrote (9330)	11/16/2008 5:33:11 PM
From: robert b furman	Read Replies (1) \| Respond to of 41420

Hi SnS, Hard to imagine record low interest rates, combined with new emerging markets(India and China) that have huge growth potential,being fueled by fiscal stimulus on a global basis not giving us a recovery (albeit with a time lag). Inventories are low.This last leg down came after a depressing year of slowing growth. Bottoms are made with scariy dips that are countertrend to the short but positive price action of false starts. They must grind and project the image that they can never have a lasting recovery. This grinding lets down every advance and then morphs into a bull after about 6 months of sideways after a huge decline. My bet is we go sideways and GTC lowballs will accumulate some long term "How did you ever get them that cheap stock". Of course when this deal reverses we'll all wish we had bet the farm. Then we'll never admit we were scared to death to even add to what we did. Been there and done that before - damn weakling as all my money had been spent.<smile> Bob

To: skinowski who wrote (9330)	11/17/2008 11:42:06 AM
From: Perspective	1 Recommendation Read Replies (2) \| Respond to of 41420

That 1930-32 bear should have been surprisingly easy to trade, assuming one could throw off the fundamental noise and ignore the urge to buy because "it's so low". I mean, it came down in a repetitive series of forming a corrective flag for 4-8 weeks, breaking to fresh lows, falling for a few weeks, then forming another base. It basically followed very clear trendlines, and never even made more complicated retracements. All you had to do was short every failure, and cover after a few weeks. Then reshort the next short-covering rally. It was so easy to trade, my three-year-old could have done it. The one about-face that you needed to get right was respecting the huge TL breach off the final lows. None of the earlier bounces violated the falling TL. The trickiest part would have been ignoring the noise, and ignoring the voice inside that kept screaming at you how much more of a deal stocks are today than they were two months ago. Now class, let's write on the chalkboard 1,000 times: Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. Read the charts. `BC