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[RT] Re: BLONDS



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Trap Doors are why they invented stops right, and if your stop 
doesn't work because of limit moves there are options. Bonds are 
still firmly holding the upward channel. I agree with Ira, 
perceptions are key to understanding the market. The market may not 
care who wins the political fight but the uncertainty definately 
effects the perceptions of the participants. By now I know that Jim 
doesn't like any candidates. Sure would be interesting if we chose a 
President by how well he did on a test. We might have Bill Gates, or 
some other Geek for Pres. Now if we took the sum of all the IQ's of 
both parties and used which ever were highest to decide, it would 
never be in doubt:)


Prosper


--- In realtraders@xxxxxxxxxxx, Ira Tunik <ist@xxxx> wrote:
> This sounds familiar.  I remember when the banks had huge bad debts 
from South
> America and local problems also.  Technically, if a bank showed its 
financial
> statement to get a car loan, it wouldn't  qualify.  They had 
negative net
> worth.  The banks stocks just kept rallying.  I couldn't understand 
why this
> kept happening.  It took 3 years before it came to light and the 
bank stocks
> finally took their deep fall.  As I have said before.  It is not 
fact, but
> perception, that creates movement in the markets.    Ira
> 



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