Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (150536)	2/11/2002 9:29:17 AM
From: Terry Whitman	Read Replies (2) of 436258

You've described the perfect picture of a market low point. Look- I don't expect that I'll be able to convince many bears that the bear market is over. It's about like trying to convince the bulls that the bull market was over in mid-2000. It's like trying to convince the holder of a stock that just doubled in 3 months to sell. Hell- it's probably easier to pull a pit bull off your leg than to convince someone who has made a small fortune recently to take the money and run the other way. You really think that all the ENRON and Global-xing and telecom horror stuff being bombarded on the public is a good timing indicator to sell? Just axe yourself- Were all the internut hypes, tech stock euphoria and outrageous price targets a good timing indicator to buy? Not hardly! Just the opposite in fact. Buy and hold died in 1999- Sell and hold won't work any better from here to the next cyclical peak. BWTHDIK Regards, TW

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