Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Cosmo Daisey who wrote (5708)	3/29/1998 8:43:00 PM
From: larry	Read Replies (1) of 18691

Cdaisey, At least you should allow people to daydream and to destroy a beautiful dream is cruel. BTW, I do believe that 'Bearons' is having less and less impact on the market these days. They shouted the whole month last October that a market crash was coming. Well, a mini-crash did happen only to be quickly forgotten in the face of another wave of bulls. Also, like you pointed out, the comparison of current market with that of 29 is as stupid as you can get. You have given some very good analysis but did make a major mistakes. It's not thousands of people, but tens of millions of people are actively involved in this market an d basically no single force can pull the market down. Witness the minicrash we experienced last October. The selloff was mainly initiated by big brokerage houses and it was mainly individual investors who brought the DOW back to previous level the following day...... larry! larry!

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