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

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To: gfs_1999 who wrote (86975)6/27/2002 12:31:34 AM
From: samim anbarcioglu  Read Replies (1) of 99280
 
<<A far more serious plunge than even the Bears expect short
term may be necessary to produce this phenomenon in this time frame. When
your gut is telling you, "I need to get out no matter what", that will be
when a panic low is most likely. I am not convinced we have reached that
point quite yet, despite today's reversal.>>

Please, just somebody make me understand why this is a necessity as described by so many posters. Is this a law of nature? Or is it a common mantra found in most of the books people read. Who says with what authority that this is a law of nature and we will see most people (and of course this is not you) throw their hands up in the air and say "get me out please", and not come back to the game for another 2 - 3 decades. And while you are at it, I would also appreciate it if you could explain why this is a good thing for the game, that most of the players perish and go out of the game for good.
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