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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (37861)	1/24/2000 3:02:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 99985

re: "people who never cared about stocks before are beginning to play the market" The other thing I've noticed, just in the last month, is that a lot of longterm value investors, who've been saying for years they'll never succumb to the momentum/internet (now biotech)/growth-at-any-price craze, are giving in. I think the last big run in the Nasdaq have a lot of people saying, "it's absurd, but it's the only way to make money, and my value or GARP style has been wrong too many times." I'm amazed at the people who are now saying "fundamentals don't matter any more, interest rates don't matter any more, just buy what's going up".