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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (3553)3/23/2001 5:20:25 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Mrs. P, I think we can discern through her comment about the analyst price targets, that they had the lure of
"easy money" to prompt them along. It's essential to understand, the risk profile that one has, but when the
market and stocks went up the way they did, it obviously lured most investors into a false sense of security.

It's the old everyone's doing it and they wouldn't be if it was not right.

You are certainly right about greed and fear...... 2 of the fundamental drivers of human action

John