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Strategies & Market Trends : Ride the Tiger with CD
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To: Proud Deplorable who wrote (161811)6/1/2009 12:20:17 PM
From: robnhood  Read Replies (1) of 312994
 
How short everyone's memory is. Not long ago almost all stocks were selling for what they could fetch. What they were worth in more normal times meant nothing. Many stocks are still under that deleveraging pressure and are not selling anywhere near what in normal times would be considered what they were worth.

Lots of money is sitting on the sidelines and refuses to enter the market, and one can hardly blame them.
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