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


To: dennis michael patterson who wrote (18025)9/7/2001 8:41:59 AM
From: HammerHead  Read Replies (1) | Respond to of 52237
 
wow unemployment 4.9%, i'm gonna to play the RE sector...



To: dennis michael patterson who wrote (18025)9/7/2001 9:52:55 AM
From: Terry Whitman  Read Replies (2) | Respond to of 52237
 
>Yet, can you believe that I have friends here asking me whether it is time to sell their stocks!! <

Are these the same ones that were buying POS tech stocks in '99 and '00? <g> Phase 3 of cyclical Bull: Public is Confident. Smart Money is Fearful.

Looks like Phase 3 of the cyclical Bear is here.
Phase 3 of cyclical Bear: Public is Fearful. Smart Money is Confident.

I'll see if I can finger the approx. dates of the 3 phases. Still won't know where the end of phase 3 is, but maybe it can be estimated.

finance.yahoo.com

The Phases of the Bear
Phase 1: Public Confident, Smart Money Fearful. March 2000 to October 2000 (7 months).

Phase 2: Also- Public Confident, Smart Money Fearful. Oct. 2000 to April 2001. (7 months).

Phase 3: Public Fearful, Smart Money Confident. April 2001 + 7 months = Nov. 2001.

A continuing slide into November should have the public frightened real good. Of course this is all speculation, perhaps phase 1 ended this April, and we're heading into the teeth of phase 2 - which would last throughout the fall and winter. Now that's scary!

Have a nice trip.