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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (22510)	3/15/2000 7:59:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

"Sentiment" - a long long time ago, a money manager told me that the market would not stop going down until the sentiment changed. At that time, all was doom and gloom, and everyone expected the market to continue drifting downward. Then, there were some events, and a completely oversold market reversed course and started its huge upward move. The sentiment had changed, and instead of no one wanting stocks because they kept going down, people now wanted to buy them and bid them up. I think the same thing is starting to happen to a lot of the drugs, banks, airlines, old ecos, etc. THey are just tooooooo cheap. PS, in the above story, the dow was at 784. larry