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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: donald sew who wrote (642)12/7/1998 10:04:00 AM
From: Blacksmith  Read Replies (1) of 99985
 
<<For example, it is well know and admitted by the analysts that
during the big selloff the small investors hardly sold.
...OK the same big boys who were selling were also the ones
telling people to buy during the selloff, with the normal
disclaimer of "for the long haul" - BUT THEY WERE SELLING!!!!!!!!!>>

During the start of the big selloff, there were articles about
how you couldn't time the market, and it was important to stay in.

I find it interesting in the last week or two to see a number of
these articles again, implying that the stock market would rebound
again from another selloff.
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