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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 (15910)1/24/2003 3:10:32 PM
From: fedhead  Read Replies (2) | Respond to of 57684
 
I wasn't talking about individual companies at all but guidance in general. I don't know anything about your industry to make any comments about them. My comments are
generally directed at the market indices which I believe
will be much lower before the bear market ends. Thats all.
Hope that the market will get better and they will be bailed
out of stocks bought at much higher prices is what has been
the fodder the bear has been feeding on. Till that hope is
replaced by fear and apathy we are not at the bottom. As I
have said before we need individual investors to liquidate
their 401 Ks, wall street strategists to recommend much lower allocation to stocks before we are anywhere close to
a bottom. Today the indices are taking out the december lows, I believe the downtrend is accelerating.

Anindo