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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (16402)	2/23/1999 2:02:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

>prolonged or steep bear market< Well....I'd rahther see a prolonged unwinding with a gradual downward movement then a steep crash...."If there has to be a down market at all." Atleast with a slow crawl there would be a gradual easing of the leverage and some time for the less experienced to get out "Even." But this is wishful thinking here in "electronic trading land." My best quess (when it happens) - it's a series....a serious sell-off followed by treading water with some short lived upswings....followed by a serious sell-off and treading water....followed by, etc. Then everyone gets tired and the head goes underwater. This has been and remains a very brave market fighting agaist significant head winds for years...I love It and the Longside and will not enjoy trading the downside and short. It will probably happen just as I begin Live Trading with silver forks and real China. Shall we go short here along with Crawford at 2:00.....?