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Strategies & Market Trends : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (317)4/20/2003 9:16:00 AM
From: stomper  Read Replies (3) | Respond to of 3432
 
As a quick aside. One of the things I don't understand about the "lonely bull" contrarian theory is that almost everyone is STILL in the market. Forget all these microcosm trading threads we all frequent (that represent an infitessimal percentage of investment dollars), the general public is still largely in this market and, frankly, I know of few who have changed their 401(k) allocation. So everyone is going to get rich...again...during the coming epicenter? Or will we just be buying a loaf of bread with 10,000 share Valence certs? -g-

Either way, the bull argument isn't exactly the contrarian view that a lot of bear market bulls make it out to be...amongst traders it may be the contrary opinion, but in the larger reality I believe it is herd thought.

-dave