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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (37526)3/28/2001 1:09:31 AM
From: TWICK  Read Replies (1) | Respond to of 50167
 
No IKE. It does NOT make me happy that you lost money. I never implied that, nor would I. I just wondered why folks are so quick to call "bottom" time and time again, all the way down from Naz 5,000. Are these constant yells for a bottom really a short-term technical view, a bullish long-term opinion, or just words of hopes and prayers ? Besides your personal "bottom" posts, and I do read and find them interesting, I see no detail behind other posters who keep yelling "bottom" after every 100 point drop on the Naz. Just look at the insane inflows and immediate outflows of money. The duration between inflow and outflow is shrinking. Seems to me that there are many quick, and irrational decisions being made.

Example:
Fund investors return
But don't look for them to stay put.
Investors pounded $11.1 billion back into stock mutual funds on Tuesday and Wednesday, following February's record outflow of $13 billion.

cbs.marketwatch.com

Again. I do NOT wish for, or feel any kind happiness about you losing money. In fact, it sadens me to read that. I'm a kind, and compasionate bear :-) and I wish you're GE AXP JPM and MO calls success and lots of profits.

Enough about this.

Twick