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Gold/Mining/Energy : James Dines

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To: tanoose who wrote (51)1/25/1999 10:18:00 PM
From: ForYourEyesOnly  Read Replies (1) of 102
 
Hi Frank!

I have read the Mass Psychology book, and I think to a certain extent I understand what he is saying. The Internet thing is a massive trend, and it is not over until it is over, yes?

But that being said, at this point it is definitely a "mass psychology/mania/momentum driven market" and investors must be quick to avoid the "slip between the cup and the lip".

It seems to me that investors need to keep in mind that it is a "mass mania" market and that the downturn when it comes will be violent, just as the uptrend was. "Buy and hold forever" may cause severe pain for these investors in the near future......

IMHO

Good luck!

THC
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