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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Mark Adams who wrote (6505)8/2/2001 3:47:38 PM
From: GraceZ  Read Replies (2) | Respond to of 74559
 
I was one of the guys who experienced the stealth bear effect of the late 90's, where the index did not represent accurately what was taking place in much of the market.

What is funny is that the Bear argument back then when the index was flying was that the wider market was dogging it and the index was making things look rosier than they were. Now the Bear argument is look at what happened to the indexes and who cares about a lot of obscure mid-cap stocks that are doing great.

All comes down to, in any given time frame there's a reason to be bearish and a reason to be bullish. Best to be neither Bear nor Bull.....but flexible.