Ask DrBob Message Board - Msg: 14506503

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	10/3/2000 9:19:43 PM
From: idealist1	Read Replies (1) of 100058

DrBob, I crowed too soon about buying EXDS. The stock should be OK in the next 4-6 month timeframe. It now appears that the market is demanding a retest of previous lows, and buying long is not prudent until investors are gripped with fear that results in panic-selling. I'm not buying anything more until a turnaround is evident. My long stocks have broken critical support levels. I'm less certain that a Fall rally will reach the magnitude that we experienced in 1998 and 1999. When most everyone expects the market to behave in a certain way it does the opposite. It seems like I am outsmarted every time. How much time do you think it will take for the market to flush out and start to move forward? Your perspective is highly respected. idealist

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