karennma
8,057 posts
msg #51890
- Ignore karennma |
5/31/2007 7:44:32 AM
Does this run in the market feel like 1999 to anyone else besides me?
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conyeuchua
83 posts
msg #51894
- Ignore conyeuchua |
5/31/2007 10:06:18 AM
http://biz.yahoo.com/ts/070427/10353243.html?.v=7
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nikoschopen
2,824 posts
msg #51898
- Ignore nikoschopen |
5/31/2007 5:23:19 PM
If it is, then you just wait until this baby rolls over. To me, the bear market was even more memorable than all of the bull market frenzy we had in the '90s.
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heypa
283 posts
msg #51899
- Ignore heypa |
5/31/2007 6:00:02 PM
It's gonna roll over. Too bad when is unpredictable. I too think it is basically world wide ,but this time we're not leading the way.I have no idea what the catalyst will be. I think they are identifiable via hindsight only.
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limestar
79 posts
msg #51901
- Ignore limestar |
6/1/2007 9:24:10 AM
There are actually a ton of technical patterns/indications that I'm seeing that match exactly with no other time period other than the breakout blaze of 1999.
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karennma
8,057 posts
msg #51903
- Ignore karennma |
6/1/2007 9:58:22 AM
Everything's green today.
This is BIGGER than 1999!
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alf44
2,025 posts
msg #51905
- Ignore alf44
modified |
6/1/2007 11:01:51 AM
...don't agree at all !
The late '90s had "dot com no name" stocks going up (and down) 30...40...50 points in a trading day !
IPOs spiking 60 and 70 points on the day they were offered...only to fall the next day and NEVER see those price levels again !
It was shear insanity !
This is not the same ! imo
Doesn't mean though that we aren't due for a correction !
Regards,
alf44
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papawally
19 posts
msg #51906
- Ignore papawally |
6/1/2007 11:44:13 AM
A correction is coming. Look at a 5 year TMW weekly chart with a 40 week MA. The RS is approaching 80 as it was in 2004 before a correction and its the summer.
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karennma
8,057 posts
msg #51936
- Ignore karennma |
6/2/2007 8:04:33 PM
papawally
6/1/2007 8:44:13 AM
A correction is coming. Look at a 5 year TMW weekly chart with a 40 week MA. The RS is approaching 80 as it was in 2004 before a correction and its the summer.
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A correction?
Well, yeah ... e-v-e-n-t-u-a-l-l-y ....
That's what a bunch of people said back in February and March.
Matter of fact, some people here took the "summer off" back in March due to a "correction" .. that was not forthcoming.
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markcrisp
187 posts
msg #51970
- Ignore markcrisp
modified |
6/5/2007 5:13:00 AM
All the chicken littles have come home to roost. this is why i love the stock market. Unbelievable. It's amazing how a stock can trend up and yet you always have a group of people who will shout and scream it can't go higher, almost willnig it down, instead of going for the ride? I cannot fathom out why this is? Please tell me little chickens. Do you not like making money?
Stocks are trending. There is money to be made going long...but what do some people prefer to do? Complain about how the market MUST correct any day and they are sitting "safe in cash"
It was exactly the same in 1999. Many talked about how the market had to crash and could not possibly go higher...all that year I made massive gains going long. Eventually it did crash...but so what? I had made my money. Dan Zanger made $18 million dolalrs during the late 90's bubble. But I'll bat many sat in cash "waiting" for the correction and then felt so smug and pleased when they "called it correct" I know where I'd rather be.
This IS NOT 1999. Please, we are in a bull market now. That was a bubble. We won't see that kind of market for long while. How you can say this market is like 1999 baffles me....I don't see stocks gaing 30+ points a day or doubling in less than 6 weeks. I mean high priced, high volume stocks not penny stocks. Correct me if i am wrong.
So, you can either go and make some real money or join the "chicken little" group and be smug when the market does finally "roll over"
LOL amazing.
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