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To: Pam who wrote (43292)2/8/2009 10:08:33 PM
From: Gottfried  Respond to of 95565
 
Pam, re >So what he is saying (his analogy) is that the market knows when it is going to bottom out but it will takes us all by surprise when it happens!<

He actually warns against this kind of conclusion. The book is almost above my head, though parts are amusing. I don't expect to become a better investor/trader from reading it.

We won't know that the market has bottomed in time to profit from it.