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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (4472)	3/8/1998 6:21:00 PM
From: dpl	Read Replies (2) \| Respond to of 18691

Fear and greed can be measured.The main reason this market keeps going up is there is not the level of bullishness (greed)there is at important tops. At every major market top the max people are bullish and at every bottom the max are bearish.It always has been this way and always will.I went 100% long in my LT accounts in 1994 because we had the most bearishness since 1982.When we have the bullishness as seen in 1987,1973 etc then this market will end.The market is not random.