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Strategies & Market Trends : Steve's Channelling Thread
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To: waverider who wrote (18560)6/22/2001 9:17:44 AM
From: Sun Tzu  Read Replies (2) of 30051
 
Whenever everyone in the market gets it, whatever the "it" that has been working is, then it stops working. IMO, too many people have come to expect to buy semicaps on 50% drop and sell them 18 months later for 300%+ gain. Hence, I don't think it'll work this time the way it worked in the past.

ST
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