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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (37862)7/11/2002 4:44:25 PM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
When I said that- was in '99 and/or 2000, I believe. A lot of smaller stocks had already been to their 94-95 lows. A lot more went there in the next year.

As of now, many of the former darlings have been there too. Altogether, that's probably a majority or close to it. I don't expect that a broad average like the SPX or the COMP will ever go back that far now. For that to happen, the ones that went there already would have to go back again- and the one's that haven't been there would have to go too.

We are about as close as we're gonna get, IMO. But I thought that last September too, and here we are below those lows.

Don't try this at home- I'll be moving from 80% to 90% long in my retirement acct. over the next couple of weeks. So I'm not just talking, I'm risking real money.