6 replies to this topic

[Frac_Man]

My DSL was out for 3 hours ........................ trying to catch up here darn

[ken29]

Bet ya its not..............its the double beta of 1998

[NAV]

It could also be 1929 It could also be 1966 It could also be 1973 It could also be 1987 What's the point ? The truth is, this is 2007. The fact is when a big decline a la 1998 hits, few will catch it, much less trade it. Been there, seen it. Most traders will freeze like deer caught in headlights. How many even caught the 40 points decline from yesterday ? Many were out of control bullish yesterday.

[eminimee]

Easy...it's 2007......and I'm very sure we won't be doing an 98 swan dive....we might later in the fall mind you....I think we are putting in a bottom of a wave 2 right here....

Edited by Teaparty, 09 August 2007 - 02:28 PM.

[blustar]

What is 1998 so important?

[ed rader]

It could also be 1929
It could also be 1966
It could also be 1973
It could also be 1987


What's the point ? The truth is, this is 2007.

The fact is when a big decline a la 1998 hits, few will catch it, much less trade it. Been there, seen it. Most traders will freeze like deer caught in headlights. How many even caught the 40 points decline from yesterday ? Many were out of control bullish yesterday.

you tell 'em Nav. we sold all our LT techs and gold around mother's day and am only buying washouts now. so i'm only concerned about the long term now but i suppose the guy who waited too long to sell could say the same thing !

ed rader

[Mtrader]

Louder. PPT did not hear your voice yet.