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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sun-tzu who wrote (148019)2/3/2002 9:15:31 AM
From: At_The_Ask  Read Replies (1) of 436258
 
We haven't seen the public drop out of the market yet. The mania still lives for sure. I wonder if they ever will give up? It could take years. And the valuations are still astronomical compared to those periods. I wonder if they are going to correct?

I've got to stop watching CNBS. Those bull market callers can shake a guy out of his positions. Luckily I can come here and still find some bears. History says average people will get out of the market and that the s&p will end up yielding more than bonds, but that sure seems a long way off.
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