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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (953)	2/23/2001 6:09:07 PM
From: Terry Whitman	Respond to of 52237

Some more Granville bull/bear phase info: Phase 1 & 2 of Bear: Public is confident, smart money is fearful. Phase 3 of Bear: Public is fearful, smart money becomes confident. Phase 1 & 2 of Bull: Public is fearful, smart money is confident. Phase 3 of Bull. Public is confident, smart money is fearful. Rinse, repeat. <g> I think this is another indication that we're likely near the end of phase 2. The public is still confident that the market will come back- The confidence is coming down from a very high level however. It can fall much further. Not saying it has to- but you have to keep that in mind here. Regards, TW