Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimeToMakeTheInvs who wrote (57112)	10/20/2002 12:22:53 AM
From: UnBelievable	Read Replies (3) of 209892

My Own Feeling Is That Bottoms Are Flat and any low we bounce from is not a lasting bottom. Last weeks rally may have J6P looking up, and it certainly has sell side analysts lathered up, but I don't think that many serious money managers - those who run big money and are compensated based on performance not based on how much of the portfolio is in the market, are going to be comfortable putting the serious money back into equities based on last week. And until the market becomes attractive to conservative big money the Fed can goose all they want, and the Banksters can jam all they want, whenever they stop goosing and jamming the market is going to start going down again because no real new money is going in. Volatility indicates greed and fear are both still strong. Bottoms happen when fear overcomes greed. Too money people talking about all that money parked somewhere earning 1/2%. Before this is over people won't even care about the 1/2% they will be happy to know that the didn't lose anymore.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next