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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (15722)1/15/2003 1:03:02 AM
From: techanalyst1  Read Replies (3) | Respond to of 57684
 
How do you know how many people are holding onto their stocks in their 401Ks?

Maybe the reason there is relatively low trading volume is that there is a whole class of previous investors who have sworn off trading, investing or even thinking about buying stocks again.

As for that round table........ they got together people who are paid to decide what to invest in, not to sit there and say there is no hope, there is nothing to invest in, there are only bad things a coming! Whatcha expect to see?.............. if you were to go to a neurosurgeon he'd give you a different opinion of what's needed than a chiropractor. If you do not want to hear that you should have surgery......... do not see the surgeon! If you don't want a group of people who recommend buying this or that stock, don't have paid analysts sit down and talk about what to buy!

Who is to say for sure that new lows are coming? How do you know that we don't just go sideways and we don't have a bull or bear market?

All I know is this.............. the bears will not believe that new lows aren't coming until they're slaughtered............ same as the bulls at the top.

When is THE low? I have no idea but I'm not going to sit around waiting for Abby J. to recommend shorting stocks. Maybe they should have invited Prechter and Tice to sit on the side of Faber, but since it's a discussion on what to buy, I'm not at all surprised.

TA