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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: Wolf 2 who wrote (3581)10/5/2001 12:33:37 PM
From: E. Graphs  Read Replies (2) | Respond to of 4564
 
Wolf,

I think that if people are looking at the GX's of the world for bargains then maybe the market is not priced right just yet for conservative investors.

Sure, interest rates have been cut, ruthlessly pushing cash into bonds, but not equities.........not yet.

I think the market would have fully corrected by now if there were no CNBC, but with all the hand holding going on the market doesn't fully reflect reality. That doesn't necessarily mean it will not rally, but that it will rally based on hope, hype, and prayer.......not fundamentals.

You know I have never been into fundamentals, it was always pure TA with me, but now I am learning about fundamentals and see things I never saw before.

E