Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (4743)	6/11/2001 3:28:08 AM
From: LLCF	Read Replies (1) of 74559

<This has always been the case...And will continue to be so. Time will sort out who are the bandits and who are the sheep.> Yep wise words all, except for the lack of realization that sheep, by definition are in the flock... and the flock, I'm afraid is clearly identifiable as shareholders and NOT holders of cash. The average household in the US owns more stock than at any time in history as a % of his/her portfolio. Wouldn't mention this on it's own, but you brought up sentiment, etc. IMO there is little evidence to support your contention that we have seen a bear market bottom. BTW... look around town, too many new SUV's and sports cars as well as homes... no, we're going down town my friend. DAK

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