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To: Lizzie Tudor who wrote (152500)2/5/2003 3:44:00 PM
From: fedhead  Read Replies (1) | Respond to of 164684
 
We might get a decent rally off the October lows but I don't think that will be the end of the bear. Bear markets
of this magnitude end in apathy amongst the masses AFTER
they have sold. I remember seeing that mutual fund net outflows continued for 4 to 5 years after the 1974 bottom
till 1979. So though the market put in a bottom in 1974 the public still continued to withdraw money out of the market till 1979. Thats the kind of disillusionment I want to see with the markets. This is going to be a long drawn affair I am afraid. But it will provide great oppurtunities to traders willing to trade in and out of positions.



Anindo



To: Lizzie Tudor who wrote (152500)2/5/2003 6:52:33 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 164684
 
Didn't gene kearney mortgage his home and "buy at the lows" about 20 months ago?

It's still there, on the new econ thread, if you care to check the facts.

The guy is lousy at timing. He's also poor.


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