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Politics : High Tolerance Plasticity
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To: Think4Yourself who wrote (2238)3/22/2001 1:52:06 PM
From: ItsAllCyclical  Read Replies (2) of 23153
 
Pisani/CNBC, For right or for wrong that's the way the street thinks. The Tape is saying stay clear.

As Iso says a bear leaves no stone untouched. We saw that recently with the Drugs, Financials and now we're seeing it with the patch.

I think the patch is going to continue to get smacked near term regardless of fundamentals.

In many ways this is like fall of '99. Soon everyone will sell everything that's still standing just to buy "cheap" tech. They have to sell the "remaining" stocks...they have no money left. In '99 it was greed that got them to dump all non-tech, now it'll be fear of missing the bottom and fear of losing even more money in so called defensive issues.
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