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

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To: JRI who wrote (2740)3/13/2001 12:22:10 PM
From: adcpres  Read Replies (2) of 52237
 
JRI:<<need to spike the FEAR indices>>

Agreed BUT in order to do that, investor psychology need to be shaken and I am not sure that is going to occur. I convinced myself after watching the major news channels last night there was going to be a bloodbath at the open today and we might just see a "V" bottom, spiking VIX, etc. The way the media presented yesterday's drop, you would have thought some panic would start. Didn't happen. Maybe once people are so far underwater they will not capitulate but instead will ride it out. How does one ever know what the buying public will do on a mass scale? Crying FIRE in a crowded theater my not get the same reaction as it did years ago. With sprinkler systems and extinguishers present, we may not be inclined to run for the exits. GH
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