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Non-Tech : Raptor's Den

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To: 1podstock who wrote (9011)3/18/2003 8:37:30 PM
From: lifeisgood  Read Replies (1) of 10157
 
Markets do not bottom in buying panics. Markets do not bottom when P/E levels are above previous market tops. Markets do not bottom when everyone and their brother predicts it.

These three lessons can save longs much pain and money but as the saying goes, a fool and his money....

There are still plenty of fools around and that leads to lesson number 4. Fools will have been toasted at the bottom and they will be nowhere in sight (lest of all spouting "bottom" all over the airwaves and investment boards).

best...

LIG
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