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Politics : Idea Of The Day
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To: Sonny Blue who wrote (26693)6/1/1999 11:13:00 AM
From: J.T.   of 50167
 
Sonny, you are absolutely correct. There has been no fear, no panic selling, no wash-out play like Sep/Oct 98, Oct 97. Denial is of the order until selling equates with balloon in large increased volume. I have highlighted 5 trading days in mid-April climaxed I believe April 23 where huge money went into growth mutual funds and margined NUT stocks. Now they are frozen: buy and hold mentality. It isn't going to work this time IMHO. The cards are dealt. Maybe panic begins if/when DOW fast approaches DOW 10,000. The saga continues. J.T.
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