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Strategies & Market Trends : Galapagos Islands

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To: AugustWest who wrote (3540)9/30/2002 6:05:53 PM
From: MulhollandDrive  Read Replies (2) of 57110
 
auggie...

almost every financial show i watched over the weekend had people asking if "this is the bottom"..

and then the bottomfishers get sucked in.

like the ones who bought the "last" bottom...

"supports" only work in bull markets, they will be broken as long as the bear continues.....the market is reflecting the direction of the economy.

the "bottom" might just be when everyone has thrown in the towel and says there is no bottom in sight. <vbg>
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