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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Scott Bergquist who wrote (1067)11/30/2000 8:29:18 PM
From: TobagoJack  Read Replies (3) of 74559
 
They are bullish because they have no choice, as they had committed themselves much earlier and their hope is that a serious upturn will save their reputations.

Imagine Abby saying ... what? "The market will go lower from here onward, even though I said it was correctly valued 10 months ago".

They are fearful now, as their collective reputation is smoke and their individual jobs are in doubt.
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