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To: pater tenebrarum who wrote (23040)9/29/2000 2:40:33 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Like I've said before, fundamentals do not matter in a bull market. Every contrarian must get this point nailed into their psyche.

They are an excellent way to locate low-risk entry points in bear markets, but they are virtually irrelevant in a bull market.

In bear markets, they are the only thing providing a floor underneath stocks.

BC

EDIT: HA! Spell checker doesn't know "contrarian", just like it doesn't know "redemptions". <GGG>