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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: StockDung who wrote (63278)11/22/2000 10:01:42 AM
From: Street Hawk  Read Replies (2) of 122087
 
Why do people still believe we're in 1998 or 1999?

This is 2000.

The market environment is completely different now. Its about capital preservation, no more chasing 200-300% gainers to squeeze out another 10 points like last year or the year before. Its not gonna happen. We're not going to have turkeys flying this Thanksgiving, even though I would love to feast on one of them. The amount of stupid money has SHRUNK immensely. There will be pump and dumps in the future, but the intensity and frequency of them will be much lower than in the past 2 manic years.
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