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

To: Bilow who wrote (9709)	11/14/1997 9:35:00 PM
From: Investor2	Read Replies (3) \| Respond to of 94695

RE: "As markets turn down, more of the bulls become bears." That is a profound statement. As the market gets cheaper (i.e., better buy), many former bulls will not percieve that the lower stock prises represent better buys. Rather, many of them will decide that the stock is not worth as much as is was at the time they bought it. They will then sell near the correction bottom, perpetuating the inexperienced investors usual cycle of buy high sell low. My question to you is this: As the markets go down, will the bears become more bullish? Or will they simply be stuck in the negative stance as buying opportunities pass them by? Best wishes, I2