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

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To: Investor Clouseau who wrote (4757)4/3/2001 8:42:07 AM
From: Terry Whitman  Read Replies (2) of 52237
 
>Or the market could be irrationally pessimistic; just as it was irrationally exuberant 13 months ago.<

That's a thought. Nothing is out of the question.. Although the market got irrationally high, it still served as a leading indicator, topping out before the economy did, and it will almost certainly bottom ahead of the economy. Unless it's a 'new era'- Any 'new era' believers still out there? <g>

Today's leading indicator, European markets, are suggesting more tough love in store for longs today..
finance.yahoo.com

Best,
TW
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