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To: isopatch who wrote (82407)12/21/2000 9:10:07 PM
From: kodiak_bull  Respond to of 95453
 
Iso,

Glad to see you're back at the 'puter. I especially liked this gem, and thought it worth highlighting. It's key to think ahead in a very broad way:

"But the kind of narrow escapes from losses many of us have had in recent months also acts as a wet blanket on the willingness to trade. Over a period of months, volume begins to dry up in many small and mid sized stocks that had offered excellent trading liquidity during the past year or more."

We have to keep looking forward and ask what happens next, and why, and are we sure? And then we ask, what if we're wrong?