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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (23740)	5/29/2000 5:01:00 PM
From: donald sew	Respond to of 42787

Joan, >>>> If we are now seeing the signs of the indexes going into their bear phase, why did the investors not see it sooner. The internals of the markets have been in a bear phase since April 1998. <<<< For the average investor, my answer is "GREED", for those who had access to that information. I have been pounding the table to some of my friends to at least be cautious, in light of the deteriorating market internals. I started really pounding in DEC, and I WAS LAUGHED AT AND CALLED STUPID! With them it was mainly greed, and they would just quote the various analysts on CNBC using the excuse "NEW ECONOMY" . So one of them bought AOL at 75 and CSCO around 80. With them it was simply GREED -GREED - GREED - GREED and MORE and MORE GREED. One of them was actually competing with another who held SNDK from the 40's range. I guess Im not as stupid as they thought I was. gggg seeya