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To: m.philli who wrote (40380)9/17/1999 12:52:00 PM
From: Sylvain Cousineau  Read Replies (1) | Respond to of 116759
 
he great Sir John Templeton, one of the early architects of the Mutual Fund industry, said "I always made the most money when I bought at the point of Maximum Pessimism".

Finding this "Maximum pessimism" point is as difficult as trying to find the bottom.