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

To: Steve Lee who wrote (48853)	4/9/2002 7:23:35 AM
From: Robin Plunder	Read Replies (1) \| Respond to of 99280

Steve, wasn't it during the '30s when they used to say 'prosperity is just around the corner...'. They just could not believe that the growth would not return. Robin

To: Steve Lee who wrote (48853)	4/9/2002 7:24:28 AM
From: DebtBomb	Respond to of 99280

Yeppo, when there's a feeling of hopelessness and all talking heads and analysts turn bearish, that will likely be the REAL bottom, IMO.

To: Steve Lee who wrote (48853)	4/14/2002 9:27:00 AM
From: DebtBomb	Read Replies (2) \| Respond to of 99280

`The end of the bear market is characterized by a change in the belief about the wisdom of investing in stocks,'' says Bill Valentine, president of Valentine Ventures LLC. ``I'm not talking about folks pulling money out of the market until conditions improve. I'm talking about investors being tempted to believe that they shouldn't be in stocks at all -- ever.'' A lot of people, he reckons, are near the breaking point after two years of lame stock profits, and watching 30 percent or more of their 401(k) retirement plans go up in smoke since the market imploded in March 2000. `The missing element from the stock rallies of the past year has been despair,'' he says. Until we get it, the market can't enter the next bull phase.`` biz.yahoo.com