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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (19856)5/24/2000 4:07:00 PM
From: Herb Blair  Read Replies (1) | Respond to of 27311
 
Yes, good call Zeev. I hope you are right about this being over. You have been calling this fall since last winter. If anyone wants to know I'm scared enough now. VBG
Herb



To: Zeev Hed who wrote (19856)5/24/2000 9:50:00 PM
From: eli74  Read Replies (1) | Respond to of 27311
 
While I make no claim to being a technician, Zeev I have to go along with your idea that "it ain't over yet." I don't think we've yet seen the kind of capitulation trade that we will signal the bottom of this thing (of the market, I mean). Someone recently defined a bear market as the type of market where it feels like your fingernails are being trimmed with sandpaper. By that definition, we're still in the early stages of this thing. The "buy on dips" mentality is still deeply ingrained; for my money the market will be under pressure until that mindset is gone.

Eli74



To: Zeev Hed who wrote (19856)5/24/2000 9:57:00 PM
From: Pallisard  Read Replies (1) | Respond to of 27311
 
"..and I fear we have not seen enough fear yet.."

Well, if there's a lot of fear out there of not having seen enough fear, then maybe there really is enough fear. (g)

Seriously, however, perhaps the average investor personality is evolving away from the relatively ill-informed, naive, panic-stricken individual of 10 years ago. I've been investing since '62, and the 90's have struck me as a paradigm shift in comprehension of market mechanics and information availability, the latter, of course, being attributable to the internet. The point is, if fear is based primarily on lack of understanding or information, then the last 5 years must certainly be changing some of the perceptions and mis-perceptions of many small investors. Any comments?