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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (7075)	8/27/2001 2:19:29 PM
From: energyplay	Read Replies (1) \| Respond to of 23153

Michael - The gloom & doom drumbeat is stating in mainstream media. The mainstream media is a coincident indicator. Most of us on this thread look at leading indicators or fundamentals or something else. Just as much of the mainstream media hyped stocks from Nasdaq 3000 to 5000 to 2000, they will trash stocks during the last leg down and through the turn around. This will probably go on for 6-9 months, and will be going on after most sectors have turned up. Effect of these stories is to convince many investors to sell near the bottom. Now I think Don Hays is a bit early, but I bet many professional market timers will have turned while the mainstream will still be negative.