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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (1586)11/14/1997 12:58:00 PM
From: Staff  Respond to of 5676
 
A lesson from a old mentor of mine.

He said always remember one thing Staff.

The markets are NOT different today because of the single underlying thing that makes a market are people who participate in it..

The underlying major factor that controls it's movements are
* People's Emotions*
People move markets .
Human nature has not changed since the cave man. Man always crave's pleasure and avoids pain.
He taught me to watch the 2 things that motivate people.

************ GREED and FEAR ************

And the more powerful of those 2 emotions is FEAR!

Greed took us to Dow 8000 plus... and as he always so strongly pointed out to me - Fear, when it rises it's ugly head, always proves to the is more powerful of the two.

So I ask myself.. where is the bottom in todays market.

Just a thought!