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Strategies & Market Trends : Sharck Soup

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To: DlphcOracl who wrote (21506)	5/8/2001 10:05:02 PM
From: Sharck	of 37746

...the key question is: is this shift in investor psychology a true reversal or: (1) is it fragile enough to revert back to the February/March panic selling? (2) is there something in the near horizon that could cause a shift in investor psychology..." I always felt that the big wigs never did get their capitulation and therefore felt cheated that they coulda gotten more coins out of the pockets of mom and pop investors. THus would gladly let mkts slip to reload at lower prices. I believe the recent advance is indeed fragile and fully expect a 50% (1950) pull back going into next Qs. Outlooks will then be determined and stocks plays will be company specific, just not as many dot bombs to kick around this time around.

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