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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Graeme Smith who wrote (17489)	2/23/1999 11:03:00 PM
From: jaall	Read Replies (1) \| Respond to of 18691

>The market is driven by periods of fear followed by periods of greed. Market timing is determining which period you are in. Nicely said. What is your opinion about where we are at right now? My hunch is that we are in the tail end of a greed period that can turn to fear with any negative news because prices are already high and many of us are reluctant to lose our profits. At the same time we are too greedy to sell and get left out on the possible 10 or 20% gain. John