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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: John F. who wrote (95935)4/13/2000 12:56:00 AM
From: athomeinmypajamas  Read Replies (1) of 108040
 
John F...maybe there is some real margin selling going on now. If we are to believe what we are told by CNBC reporting, many institutions reported an absence of margin selling so far, a lack of panic and a lack of fear...the market always dips and always rebounds...right ? That Nas 3000 figure if tested may get peoples attention.

The last time the market sank in the summer of 98 the turnaround (recovery in the fall) was preceeded by one week by a cover story in either TIME or NEWSWEEK announcing the demise of the bull...a great contrarian indicator,just one more thing to watch out for.
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