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Strategies & Market Trends : Waiting for the big Kahuna
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To: donald sew who wrote (29108)9/27/1998 10:11:00 AM
From: Arik T.G.  Read Replies (1) of 94695
 
Donald,

Excellent post!

>> I do strongly believe that the SI readership is far more sophisticated than the average investor.

First, It's the SI posters, not the readership.
People that we know for sure that they
1. Have Internet access.
2. Can read AND write.
3. Spend some time following and thinking about stock and the market.

In '29 public participation in the stock market was less then 3% of households. In the new "new era" we have a democratic 50+% of households participating.

And they will sell much much later and much much lower.

ATG
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