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

To: SirRealist who wrote (76398)	6/9/2002 11:51:52 AM
From: LTK007	Respond to of 99280

<From what I see, the smallcaps are breaking down and the fact that banking is too, is refreshing... because these generally are the last sectors to crumble before bottoms are found.> They have started to breakdown(that is good),but they still have a long way to be actually broken down.imo. Here is a heavy dose of hard reality <<<With investors' wealth falling, people have reasons to feel betrayed by the stock market. And the assumption the Great Bull market of the 1990s was tremendously rewarding is erroneous. In fact, the average investor came in at or near the top of the market and overpaid for stocks, according to Newman. Fast rewind to October and December 1990. More than $5.6 billion of net new money flowed into mutual funds with the Standard & Poor's 500 index at an average of 319. Just about the time the market reached its peak on March 24, 2000, of 1,527, investors jumped in with an additional $129 billion. Based on Newman's math, investors "bought" the S&P at an average of 916. The S&P now hovers at 1,027. Were the rewards awesome? You be the judge>> here is link where quote comes, a heavy duty article.lmo. siliconinvestor.com