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To: Paul Shread who wrote (55160)10/2/2002 2:03:04 PM
From: JRI  Respond to of 209892
 
I'm thinking mult-month bottom, not THE bottom...something similiar to Sept. 2001..

As we all know, this will end in apathy, which follows deep fear/disappointment...which we haven't seen enough of...but there is definently disillusionment taking hold some (you know anyone who doesn't cringe when talking about market anymore? I don't)



To: Paul Shread who wrote (55160)10/2/2002 2:03:51 PM
From: marginmike  Read Replies (2) | Respond to of 209892
 
I wonder if 5 down is underway? seems like 7969 should have been good for top of 4 flat?



To: Paul Shread who wrote (55160)10/2/2002 5:07:23 PM
From: GraceZ  Respond to of 209892
 
by the constant mutual fund mantra that stocks go up over time

They get it wrong. Indices go up over time. Most companies fail, therefore their stocks fail as well. The thing that keeps indices going up is that failing companies are replaced by younger more successful ones all the time (sometimes in large numbers as we've seen recently), the indices are correcting. That and inflation ....


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