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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: DiB who wrote (20933)11/30/2000 12:05:11 AM
From: Boplicity  Read Replies (3) of 65232
 
It will end when it will end

I believe we are all grasping for answers to the big question, Why are stocks dropping? Humans want to be able to compartmentalize and attribute actions to a complicated reasons, but that's the crux of it all. The reason is very simple at this juncture in the market drop. Because it is! The market is selling down because they are selling it down. The selling is feeding on itself now. That's why we saw the widespread reaction to the what should of been not much of a surprise which was GTW earnings and forward statement. So, to pick a bottom is almost foolish at this point since the possible supports caused by past holders, who have not been locked in a box all this time without knowledge of what has been happening, isn't going to be there. So it will end when it will end.

Zero
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