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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: OZ who wrote (1190)	10/22/2001 8:50:01 PM
From: sea_biscuit	Respond to of 99280

You are saying there is a wall of worry now? Are we looking at the same market?! There is no wall of worry! Granted, some participants have been mortally wounded and will never be able to get back their money in their lifetimes, but there is still plenty of optimism floating around. Just look at the polls where large percentages of people are saying that they think the markets will be higher in a year from now. That doesn't sound like worry to me... Bull-markets climb a wall of worry, sure. But bear markets cascade down a staircase of unfounded optimism. The latter is what we're seeing now.