Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: GraceZ who wrote (6498)	8/2/2001 12:44:02 PM
From: Wyätt Gwyön	Read Replies (1) of 74559

Meanwhile the institutional money moving in is slowly but surely soaking up supply. i believe this is dumb money trying to get in ahead of the "rebound". the reason it is dumb money is that everyone is trying to do it, which is why the schlock stocks rally. they had a good article in the WSJ on some of the specious arguments people are using to prop up their bullishness. Investors Recall Second Derivative Money managers are harking back to their days of college calculus to figure out when things will turn. interactive.wsj.com

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