Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (1571)	3/1/2001 1:47:38 PM
From: StockOperator	Read Replies (1) of 52237

I agree whole heartedly with what you say. But then again who saw this coming. Every analyst on television has been telling us that things were ok. They're still saying it. But yet the market continues to tell us otherwise. Sure Greenspan could have lowered some time ago. But I honestly believe he didn't expect things to slow as rapidly as they have. Just a few short months ago we had a economy, stock market and employment rate that said the contrary. I believe what we are seeing today is nothing more than the pendulum swinging in the opposite direction. You just can't have 60+ percent of all money managers beating the S&P, or for that matter have every gym in the country playing CNBC. Things were crazy, and now were paying for it. I know things are more complicated than that. Like the overcapacity everywhere in the tech sector but it all goes together. Just my opinion.

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