Quote:
Originally posted by SoCal911SC
*Still* falling?
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Good point. I sometimes don't say what I should. What I meant was that the market continues to slide. However, I will tend to disagree on it plummeting in a free fall. My premise? Simply that yes, history does repeat itself, just not in an exact manner. That would be too easy. We now have to guess the bottom. Some will do just that. I call them pros.
I kind of like it when the amateurs get stung. They are the ones that bring these things to a crescendo. The pros backed off a while back. I saw that happening. So did Tabs, as a matter of fact. I just don't like his panicky analysis.
Hell, I've seen this rise and fall 4 times in my adult lfe. Different timing, different severity. The most severe was last time in 90-93, IMO. I don't thind the contributing circumstances support as drastic of a crash thi time around. Let's hope I'm right.