Stock Attack II - A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Shread who wrote (12336)	7/20/2001 6:30:39 PM
From: isopatch	Read Replies (2) of 52237

Paul. Yes, they are. That's one reason the broad market needs to have another leg down and that will only happen when so far patient LT investors begin loose patience. Still too many Bulls out there content to sit on even hefty paper losses. And there're a couple of very good reason they've so far been willing to do so. 1. Only a small fraction of active investors today have ever been through a standard issue, classic Bear Market. 1991 was a relatively mild one. And 1987 was too short in duration. 2. During the past 8 years, the majority Bulls have been strongly conditioned to ride out corrections. So, IMO it'll take months more of red ink dominating monthly statements before the so far patient and hopeful throw in the towel and we finally get that last capitulation leg down. Therefore, my take is that for this particular Bear Market, it's duration will actually be more important that it's overall percentage decline in creating that final washout declining phase. Not even sure yet whether or not the final low will occur in the last quarter of this year. Just have to wait and see how the TA, FA and sentiment backdrop shapes up when we get there. Cheers, Isopatch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next