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Strategies & Market Trends : The Amateur Traders Corner
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To: Tom Hua who wrote (2543)10/26/2000 11:26:18 AM
From: Y2k_fan  Read Replies (1) of 19633
 
A true bear market is coming
when people keep on looking for bottom;
buy on the dips and take loss later on.
or buy on the dips and take quick profits.

The bottom won't be found until all the margins are
cleared and fundamentals catch up.
And we all know that those stocks are overvalued and
lack fundamentals.

At this time, the American margin debt
is about the same when Nasdaq was at 5200.

I could not see any sustainable rally from here.
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