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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (11676)10/17/1999 10:40:00 AM
From: J.Y. Wang  Respond to of 18998
 
I agree.

The market has been so bullish the past few years everyone automatically buys the dips because they assume the dips are very temporary and are free money. Last year's dip just reinforced that strategy.

The fact of the matter is that many who trade the market today have not experienced a bear market. They cannot conceive of a market that can go down and stay down for any significant length of time.