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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (15164)2/4/2002 7:05:18 PM
From: exdaytrader76  Read Replies (1) | Respond to of 18137
 
It's a question of whether it is attractive to a segment of the participants that provides the fuel that it runs on.

But not the only segment, right? The market isn't going to close, right?

...lot of investors perfectly content to leave their money in place as long as it was growing
Everything was going straight up for a long time. Was that a "good" market? Maybe if it had not gone up so much, it would not have made so many people lose so much money more recently. Maybe it was "bad" when it was skyrocketing? Assigning good/bad judgements to the market seems pointless. Like disapproving of the weather, being mad about something that just is, and is out of one's control.



To: Dan Duchardt who wrote (15164)2/4/2002 7:13:09 PM
From: KymarFye  Respond to of 18137
 
"There were also some voices, perhaps only those crying in the wilderness, trying to raise an alarm that nobody wanted to hear. They certainly were not getting the same press time as the hypsters who were accumulating a fortune while the mania continued."

...was just going through some old files I hadn't bothered to delete... research reports being offered from Multex, all dated LATE March 2000: ICGE upgraded to Strong Buy, AOL as "Single Best Idea," CMRC upgraded to Strong Buy, QCOM Strong Buy - all from the likes of Prudential, SG Cowen, Bear Stearns, and the infamous Robbie Stephens...
then there were the Motley Fools "pontificating" on E-Commerce... oh, it goes on and on...