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To: pater tenebrarum who wrote (52746)1/2/2001 11:31:10 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<.we have never before had a downturn in the market as bad as the current one with sentiment staying so complacent concurrently. the notion that all declines, no matter how scary, will immediately be retraced (usually after the Greenspan put has been invoked) is so deeply ingrained by now that fear of a bear market has simply disappeared.>

Well that's because we had this 'healthy' correction and now it's obviously onward and upward. -gg-

DAK



To: pater tenebrarum who wrote (52746)1/2/2001 11:46:50 AM
From: Peter Singleton  Read Replies (1) | Respond to of 436258
 
no kidding.

these sentiment numbers are absolutely awe-inspiring, if they are hinting at the size of the bear market required to re-set investor expectations. Just think of the collateral damage to the real economy.

Of course this is why most of us have been following things so closely the past several years.

Peter


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