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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Bruce Brown who wrote (235)10/26/2000 12:38:26 PM
From: Erik T  Read Replies (1) of 74559
 
Bruce, someone on another board made this exact same argument with me a few weeks ago. He titled his post "Mattress time." He then went on to tell me all the stocks he was "putting every last cent he could get, while there was blood in the streets." That group of stocks is now down 30% while my mattress money is stable. I may be wrong with my prediction, but my money is too valuable to me to plop it down into the current market environment. People will continue to buy the dips and we will see ups and downs, but until I see something to make me believe the underlying fundamentals of our economy are strengthening, I will be on the tech sidelines.

But I am just an amateur investor. Everyone has the same information with which to work and make their own decisions. The fact that you are bullish and I am bearish is what makes the market work.

Good luck to you and to me,

Erik
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