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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Greg Butcher who wrote (8190)10/5/1998 10:49:00 PM
From: Russ Motter  Read Replies (1) | Respond to of 42834
 
>...all this selling is pure sentiment no fundamental reason...
Greg~So your trying to tell me that pure sentiment is not the market, not representative of the attitudes and values people put into it? That mass investor psychology does not swing from optimism to pessimism well before a breakdown in fundamentals?
>WHAT defining moment?
I remember it as a slap in the face in July, for the 90's momentum crowd, BB and the so-called index junkies the moment occurred when they misread the technicals and their implications regarding the position of the market within it's overall progression. I agree the radio star needs to drop the logo, leave it to the technicians like Jerry Favors who called it.~Russ