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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Stcgg who wrote (66289)10/4/1999 7:34:00 PM
From: PaperChase  Read Replies (3) of 86076
 
So much for riding the waves. Ask yourself an easy question. When was the last time we had panic selling in the overall market and a sharp one day drop? Those days are gone.

Many people are expecting a big market correction this month and that is precisely why the market rallied and will continue to rally all this week. The market usually does the opposite of the broad concensus expectation.
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