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To: Lucretius who wrote (12071)8/18/2000 10:17:20 AM
From: re3  Respond to of 436258
 
you didn't get this post in your in basket ? <G>
Message 14228700



To: Lucretius who wrote (12071)8/18/2000 10:20:22 AM
From: pater tenebrarum  Read Replies (3) | Respond to of 436258
 
just sit back and think about this for a moment: why adhere to dogma? did you expect the rally to go as far as it has? if not ( and you didn't), some flaw exists in your analysis. and the flaw is that you're underestimating the printing press, plain and simple. also the dominant psychological theme is that the soft landing is in the bag (even though that's nonsense). so what we have now is a runaway market...people are waiting for pullbacks to buy, not rallies to sell into. and take a look: do the pullbacks last? no, they don't...everybody's piling in...and since there is still a lot of doubt, there is also still more money waiting on the sidelines that's going to be pulled in.