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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (67066)	10/28/2003 2:11:46 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Xactly. That's why markets have non-linear dynamics. This also leads to stability of the markets - what one-week speculators think of as a crash, long-term investors perceive as a buying opportunity. However, if most participants become short-term oriented (which, I believe, is what's happening today), fractals say that markets become inherently unstable, and prone to crash. I don't think there are too many long-term investors today. They know how overvalued these markets are, and won't buy the big dip.