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Strategies & Market Trends : Trader J's Inner Circle
NVDA 188.86+1.3%3:10 PM EST

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To: LTK007 who wrote (41562)3/23/2001 4:29:51 PM
From: John  Read Replies (1) of 56535
 
...as we watch this slow grinding downward process we are witnessing i feel a deprogramming of Cult Members

Nah... As soon as the hidden hands walk the tech stocks back up 50% for no apparent reason, you'll see what we always see and that is hoards of greedy people racing to jump on the bandwagon, terrified of missing the boat. Greed drives this ship, not fundamentals, not logic, just impassioned human greed. The game is one of attrition, and the motivation for the game is greed. Seeing the NDX lose nearly 70% of it's value isn't scary to me, but missing the next ride up is a horrifying thought. I believe a few others may feel the same way. :-)

Eventually, we'll get that ride up. The object of the game until then is to still be breathing when the ship launches.

Ciao,
John
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