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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST
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To: David W. Taylor who wrote (79922)7/10/2001 8:35:46 PM
From: Mort_LePetite  Read Replies (1) of 99985
 
Just as people ignored valuations, P/Es, profits, or more pointedly, the lack of profits a year and a half ago when the market was climbing out of sight, they're probably just doing the same in reverse now.

Maybe there are still some value long term investors out there but I think the majority are still looking for those huge swings so they can recoop all their losses.
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