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Strategies & Market Trends : Maximum Investing

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To: Howard Bennett who wrote (53)11/16/2002 4:53:11 AM
From: Robert Scott  Read Replies (1) of 81
 
Mr. Bennett, you seem overly pessimistic. I don't mean to say that they're aren't problems out there - at the end of a bear market there always are. However, market sentiment has changed over the last month. I would suggest you begin to take a more objective view and recognize that the market has suffered severe losses, these conditions do not last for more than 2+ years except in the most dire circumstances and we are not in a dire circumstance. Of course, a "spectacular" terrorist attack would change everything but I am hopeful this doesn't happen or if it does, people realize this is part of the equation going forward and to take it in stride. Absent a significant terrorist attack, I look for the Nasdaq to breach 1800 in 2003.
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