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All the info posted there is based on 1987 and drawing in correlations to
1999. I put it to this list that historical statistics can be made to
show *anything* you want them to show. I also repeat my earlier
contentions that far too high a percentage of traders expect a major
correction/bear market for it to be likely. For my investing, I would
prefer a few thousand point drop. I'm prepared to play it down and but it
back. Buying it at 5,000 would allow me to catch up on my fishing. :)))
Whatever else is going on.. change of direction, planting stones in the
wall of worry, correction or even more likely, nothing ... It's a time to
be nimble and set ego's aside
Best trading,
Bob
At 02:03 PM 9/20/99 -0700, Kohath wrote:
>
> http://www.dowguru.com/29crsh1.htm Looking back with the benefit of
>hindsight at those closing days of September, it is almost impossible not
>to feel a sense of excitement and apprehension, as in the closing moments
>of some great tragedy; for so many years the market had sustained so many
>hopes and so many dreams, had created fortunes that had grown unbelievably
>out of nothing, had given millions of Americans the sense that a future of
>limitless and dazzling possibilities extended before them. And now all
>this was over, or nearly over, for at last the Great Bull Market was
>finally coming to its close. Attachment Converted:
>"c:\internet\eudora\attach\29crsh1.htm.url"
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