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

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To: lifeisgood who wrote (88659)6/30/2002 4:33:24 PM
From: samim anbarcioglu  Read Replies (1) of 99280
 
<<These hopes must be dashed before any sustainable move can happen IMO. >>

I' looking for a plausible explanation of why this must be so.. Why most investors must become road kill for a 'market bottom' to be declared. That it is so written in most books about market behavior is not a satisfactory answer however. Could you please elaborate your thoughts on this.. More importantly, why is this a good thing for the market to lose most of its players that might otherwise continue to play, winning, or losing in the process. Why is this a good thing for the players?
Tia,
Sam A.
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