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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (58213)5/15/1999 10:34:00 AM
From: Jim McMannis  Read Replies (2) of 1572243
 
Ten,
<Remember, "All bull markets begin and end with denial.">

Can you explain this quote? I don't get it."...

Do you think the Bull market in stocks is over? If you don't you may be in denial. When the economic outlook changes there are always those that deny it...at least at first. If interest rates accelerate upward,
it's over. Some say that this little runup in rates is temporary and they will soon head down again. The market Friday said they are in denial.

Jim
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