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


To: Runomo™ who wrote (69769)11/10/2011 8:28:51 PM
From: Kirk ©  Read Replies (1) | Respond to of 206733
 
I like to see these charts back to 2007.
March 2008 ECRI said recession unavoidable with market about 1300
Market rallied to 1400 / 200 DMA and perma bulls said ECRI was full of chit
that was the last opportunity to sell before market went to 666
ffwd to now.
Near the recent low ECRI said recession is coming
market rallied again to the 200DMA
perma bulls say they are full of chit again
even my clx chit looks similar...
maybe we have a herman cain decline into 999 rather than 666?
who noze?
I'm about neutral but that still means I have a lot of money in the market as the long term, it goes up.... but I've got a good amount of cash to buy if given a great opportunity to buy back what I sold if it falls to any of my target prices.



To: Runomo™ who wrote (69769)11/10/2011 9:22:50 PM
From: da_cheif™1 Recommendation  Respond to of 206733
 
you gotta remember ....the majority of market participants are not as close to the inside workings as we are......their brains are constantly being pummeled by bearish gurus and a media that continues to feed the fear mongers..........they are our best friends.....all thru the 90s mark hulbert in his forbes column continued to spout the bearish theme........i saved them all.......most of the time he said of the gurus......."the best are bearish"......snort