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TJ
Your right thanks it was the feds I couldn't remember so I called it smart
money.
The old big S&P was valued at 50,000 then but your correct concerning
emotions and opportunity.
Difference today was the public wasn't involved in this fall so a healthy
bounce is in order as long as the little guy thinks things are still okay
it will be.
Robert
At 09:20 PM 8/31/98 -0700, Trade Jack wrote:
>crisis = opportunity
>
>i remember '87, traded it successfully, going up, then down, then back
>up, up, up. this is similar, but different. back then, we didn't
>have all the 401K's and IRA's that we have now. back then the fed and
>treasury had to come in to support the s&p futures market to the tune
>of 10's of thousands of cars to prevent a meltdown. the only thing
>that doesn't change with time is fear.
>
>to success in this business, you've gotta stare into the face of fear,
>and laugh at it. emotions are a traders ruination.
>
>TJ
>
>no need to worry, the market will sort itself out
>
>gotta go, the dead [insert favorite dead animal here] bounce is underway
>
>---Robert W Cummings wrote:
>Tomorrow will be important day and probably will be okay but its scary
>to get this close to a melt down.
>
>
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