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Strategies & Market Trends : Guidance and Visibility

AAPL 271.01

-0.3%

Jan 2 9:30 AM EST

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To: Smart_Money who wrote (42959)	2/6/2002 9:54:55 PM
From: Petrol	Read Replies (2) of 208838

Oh, boy, you said it, SM! I used to keep in touch with SO many traders who would pump stocks constantly during the bull market and funny thing is, most of them made money... until they lost it all. Now those same people have gone by the wayside, lost all their cash, are so disgusted they can't stand the markets anymore, or simply disappeared altogether. For example: "CMGI is a buy is size below 200... no wait, below 150... hold on, below 75...30...DAMMIT!" I think one thing many people didn't do during the bull is acquire a more thorough understanding of economics and the historical consequences of bubbles. (and the warning signs thereof) It was just too easy. The biggest market bubble in US history will not go away politely, that's for sure.

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