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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Peach who wrote (14381)8/10/2002 12:26:20 AM
From: AugustWest  Respond to of 17639
 
I don't know about that there peach.

They(investing public) might have a shorter time horizon now(which will contribute to continual errosion)
But they will believe it. And they're already buying it.
I do see some stocks going higher here in the ST but longer term there are still so many overvalued companies out there, we have a lot of downside still to come.
And then when we finally hit it, we will have a long period of flat lined stocks.

But not many think that.
Theyare thinking "V" still.
And that will, again part of what keeps the selling pressure there, people getting frustrated, and selling because their five baggers aren't coming.