Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: westpacific who wrote (57543)	4/26/2002 9:33:56 PM
From: westpacific	Read Replies (1) of 99280

For all you dip buyers, from a gentleman whom has been writing about the markets for 40 years: ------The amazing thing is the complacency that greets these declines. So far no panic, no huge volume, no hair-pulling, just the market going down. "Hey, is this a buy spot? Should I buy the dip." "This is no dip, you dip, this is the real thing." "Oh." A few fearless fighters have asked me why their methods and devices which are now very oversold -- don't seem to be working. My answer, and I've said this a hundred times before, is that "what works in a bull market doesn't usually work in a bear market. A bear market can be oversold and stay oversold for long periods of time."

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