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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (1585)11/14/2001 7:15:15 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 10065
 
Justin Mamis:

"The nature of a bottom and a new bull market is to keep investors scared, disbelieving, and out. 'It's just a technical rally' is the familiar quote that helps prove a true bottom. The nature of a contra-trend recovery is to lure investors back in. Seduction is its hallmark. The nature of a contra-trend rebound is to be all emotion and no substance, causing those who fear the factual fundamentals to re-short too soon."