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Well, I have given up trying to figure out how this discussion is going to
make me or any one else that trades any money. I have three questions
regarding the labeling of the stock market:
1) What difference does it make how it's labeled?
2) Who cares how it's labeled?
3) What is one to do if the adopted labeling is wrong/right?
I suggest taking a moving average of personal choice based on whatever
timeframe is typically used to invest or trade. If price is above the MA,
buy, if below, sell. Call it a manic buy if above the MA and call it a
panic sell if below the MA. Most importantly, don't get too wrapped up in
the labeling to forget to put on the trade!
Regards,
Tom Alexander
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> From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Bull Mania Alive and Well
> Date: Tuesday, June 23, 1998 5:59 PM
>
> RT's,
>
> I have on several occasions talked about the Bull and my apprehensions
> regarding its future.
>
> 2 cents,
>
> Brent
>
> ----------
> > From: Dennis Conn <dconn@xxxxxxxxx>
> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > Subject: Re: Bull Mania Alive and Well
> > Date: Tuesday, June 23, 1998 3:00 PM
> >
> > A.J.,
> >
> > If the common perception of the stock market is one of speculation
> without
> > risk, at least as far as buy-and-hold sales pitches imply, then what IS
> > "unreasonable enthusiasm"? It seems to me that the definition validates
> the
> > opinion that the current lofty levels of the market, combined with the
> > continued inflow of funds from an ob-sessed public, constitute a mania
in
> > the classic sense of the word.
> >
> > Awaiting the inevitable condemnation,
> >
> > Dennis C.
> > dconn@xxxxxxxxx
> >
> > >
> > > I guess this depends on how "mania" is to be understood. "Excessive
or
> > unreasonable
> > >
> > > Regards,
> > > A.J.
> > >
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