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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (80692)	5/14/2000 5:54:00 PM
From: Spekulatius	Read Replies (1) \| Respond to of 132070

The Worth magazine special actually has a good article about market psychology, written by Jim Kubak "The self aware Investor". In this article,Jim states that after a market correction, investor's psychology goes through the phases of denial, depression and finally acceptance. I think he is dead on. I still see the market being in the phase of denial - a lot of the thinking that led to the parabolic rise in tech stocks (valuations don't matter, momentum investing, etc.) is still alive.