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Strategies & Market Trends : John Pitera's Market Laboratory

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To: stomper who wrote (4782)10/5/2001 2:54:06 PM
From: OX  Read Replies (1) of 33421
 
FWIW, I view that there are 2 classes of what many call the "typical" investing public.
One is the typical LTBH. These people will not sell and are the ones holding the markets together.
If/when they sell, the markets will have one h*ll of a panic. Fortunately (?), the only ones to have panicked to this point are the larger institutional fund mangers.

The other is the "typical" SI poster (present company excluded of course ;-).
IMO, I view these posters as the ones they refer to when they speak of J6P (joe-six-pack). Quite ironic.
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