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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kathyh who wrote (55629)8/27/1999 11:59:00 AM
From: stan s.  Read Replies (3) | Respond to of 90042
 
>>>couldn't fear, even if no basis in reality... set off some kind of panic selling? <<<<

Absolutely, it becomes a self fulfilling reality...and I'm counting on that fear. Fear is what makes the market strong, complacency makes it weak.

My take is the downdraft will remain within reasonable parameters...remember these dips of 15-25% do cause pain.

My guess is that will do the trick.

The key will be to use caution at the tops (resistance) as normal and don't buy back until the recovery is pretty clear...just as one should try to be doing all along.

Simple huh? lol

Stan