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


To: NOW who wrote (12346)7/20/2001 10:14:26 PM
From: isopatch  Respond to of 52237
 
Dave. It cuts across the various account types

and whether they're run by the owner of the assets or by a fund mgr.

Economic tough love becomes more of an influence as a recession and bear market drag on. As unemployment creeps up, the public gradually begins to feel less secure about their financial security and more risk averse. This weakens the grip of the buy and hold mantra. As the market enters the final capitulation down leg these investors become heavy sellers.

The bottom comes when network TV interviews investors who look into the camera and say, "I'll NEVER by another stock or fund!"

Good luck with your investing,

Isopatch