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Estimated_Prophet

09/14/09 12:17 PM

#537 RE: Jamar_Grip #536

Goons are always a comfortable excuse. Even if true, why not just accept it as part of the deal, and trade accordingly? In hindsight, we should have known this would be a rally of mammoth proportions. We fell faster than the 29 market, were a record percentage below the 200 day moving average, and had the greatest government(World) intervention and stimulus the world has ever seen. With so many people bearish, you can't go down. Bear markets always clean the bulls and the bears clocks. So, I would just sit back and enjoy the show. The stimulus is going to kick in full gear soon, a second stimulus is going to be paraded about, and we have a statistical recovery(indicators in hell, approaching zero, getting a bit of a rebound), with tons of money on the sidelines, and everyone afraid of not performing. Who knows when it all wears off, but I think most of us here know one thing, when it wears off, it's going to be ugly. How ugly is hard to say. The most rational person I know says blood in the streets, the most optimistic-pessimistic person I read says we'll muddle through for the next 5-10 years. Hopefully, it is the latter.