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

To: yard_man who wrote (3588)10/1/1998 12:40:00 AM
From: Lee Lichterman III  Respond to of 5676
 
>>>>What gets me is why do they wake up now and start selling the stocks of their banks? Everybody has known for a long time that they had huge losses on their books. <<<<<

The same reason people won't be selling MU until the BK hits. Everyone knows they are losing money too. Never under estimate the stupidity of the average investor. <g>



To: yard_man who wrote (3588)10/1/1998 7:11:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 5676
 
tippet,

Probably due to the herd mentality. (this is not intended to upset, insult, or offend anyone) Mass psychology is the likely phenomenon. I think when the dust finally settles, there'll be great buys abound.

Have a good one.

GZ


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