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Strategies & Market Trends : The Thread

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To: Bryan who wrote (30856)1/31/2001 8:42:17 AM
From: Jack Hartmann  Read Replies (1) of 49816
 
My fear is that people will buy the whole way down and ultimately end up puking their long positions

We already witnessed this in the fall and winter.

we got one hell of a knee-jerk rally after the Jan 3rd cut.

More I think of that, Most people missed the pop and never got in that day to make money.

Everyone and their mother was scared to death of the ramifications of a global recession

Me too.

One think to remember, money poured in to the mutual funbds during the climb this month. Alot of cash waiting for the dip.

Jack
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