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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (510)	5/23/2000 2:08:00 PM
From: Slumdog	Read Replies (1) of 57684

OT re market psychology, from a simpleton............. In late '98 and early '99 I saw incredible moves in the likes of YHOO and AMZN to name but a few. Many (including myself), convinced they could not go any higher,bet against them to their demise. They would take a little breather, then take off again. I believe the corollary is occurring now. Investors see stocks way off their highs and cant believe they will go lower, and jump in. To me, the decline now seems insidiously slow, but sure. Im not trying to make the bear case, just MHO. For the sake of many here, I hope i am wrong.....................

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