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Re: limtex post# 16628

Sunday, 08/18/2002 10:52:43 AM

Sunday, August 18, 2002 10:52:43 AM

Post# of 704041
Limtex, maybe a trip through memory lane will refresh, you keep being depressed when the market is down, just as it is going up, and optimistic just after the market had a major advance and is ready to go down, all because you insist business conditions and market direction are congruent, the market tries to discount future events, not back view mirror:

#reply-16844580 of yours which was in answer to my 12/30 (#reply-16843930) warning that LTBH is still dangerous. (we are within 10 days of the January peak at 2096, you are hopeful)

#reply-17101848, 2/22, you are depressed as we print the local low here at 1696, just before we march 250 Naz points to 3/11 at 1946.

#reply-17149613, 3/4 I accept the bet you lay (#reply-17149613), that we will see 3000 before we see 1700. I hope you sent that donation to MVHA (g). 3/4 is exactly a week before we peak at 1946. Then, on March 8th, as we approach that top of 3/11 you raise the bet to 4000 on the naz for 2003 with 3000 being a given for 2002: #reply-17172472.

And then, while I was prepping the thread for the coming Nassacre on May 14th (#reply-17468131), just a day from the top at 1759, you once again turned bullish bringing the growing economy into play #17468289.

Maybe I should repeat this post here #reply-1747134, but more importantly, a quote from #reply-17700090: "Get this into your mind, the economy has less to do with stock prices than valuations, market psychology and liquidity. "

I hope this little exercise in history will cure you of expecting the market to react according to the cotemporal economic news.

Good luck out there.

Zeev


AZH

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