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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (53857)	9/25/2000 9:24:36 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 63513

I just sent a PM to Atin stating what you did about the excessive fear in the market. Right now, I think that charts are not the best measure of the market right now. Just go by all of the negative sentiment and it is telling you that some sort of bottom in the market is near.

To: Oral Roberts who wrote (53857)	9/25/2000 9:27:16 PM
From: mph	Read Replies (1) \| Respond to of 63513

Jeff, what you say is absolutely true and is something I remark on frequently. I see this in litigation all the time. Contentions of fact BECOME fact because people keep insisting it is so, despite overwhelming evidence to the contray. They keep saying it and saying it, and finally, it becomes true to someone, by dint of the repetition and the familiarity of the concept which was heard before. The same is true of politics and sound-bytes. Each party accuses the other of various things and keeps asserting it, such that the American People begin to just accept the truth of the pablum they're being fed. Bottom line: you have to be a critical observer and a skeptic in most areas of life, the stock market included. I was just reading a very interesting article about the difference between cynics and skeptics and why plaintiffs should opt for cynics and defendants for skeptics when they're picking juries. M