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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (13275)6/7/2003 7:01:00 PM
From: Joe Smith  Read Replies (2) | Respond to of 13660
 
If it is 1999, don't forget that there will be a day of reckoning.

There is a huge difference between now and 1999. In 1999, the market built on 40% earnings growth that seemed sustainable. Now it is just fueled by a bargain basement mentality.

Don't get caught up in the usual bear market rally BS. This is not 1999, the peak of a bull market. At best, this is 1975 and I am not convinced.

I would love to look up the people who are saying that this is the end of the bear and see what they said last January or at any of the bear market rallies before.

Stay cautious and do not get greedy IMHO and Profit Often.