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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 687.57+0.7%Dec 10 4:00 PM EST

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To: Johnny Canuck who wrote (37932)8/6/2002 3:25:41 AM
From: Suresh  Read Replies (1) of 68950
 
Hi Harry,

you are scaring me... I don't think it will take decades to bring the confidence back. Stock market might not reach the level it reached in 2000 for a while but the investing public will be back wiser and hopefully not greedy enogh to push it into a bubble. People around me are talking that the market lost a generation of investors. I respectfully disagree. People who were in the market long term haven't suffered much compared to the money they poured into the market. However, people who came to the market in the late stages are probably hurting right now. I have to say the dissemination of news and access to data has made the investor much more wiser. When I read yahoo message board, I see majority are advocating shorting stocks as opposed to going long in 2000.... As long as investor choose the right sector/stock, I think they should generally do okay.

Later,

Suresh
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