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


To: Lizzie Tudor who wrote (15742)1/15/2003 6:34:45 PM
From: fedhead  Read Replies (1) | Respond to of 57684
 
The VIX and VXN levels, % of bullish/bearish advisors, recommendation of wall street strategists, % of US households in stock funds all point to the fact that bears are still in a minority despite a 70 % haircut in the NASDAQ, 40 % haircut in the s&P. That is what I find so astounding about this bear market , that it has managed to keep most people on board as it steadily goes down. The person who shorted EBAY at 68 mght still be proven right in
about a year 's time.

Anindo