Zeev's Turnips Patch-No Politics (ZEEV)

[LG]

ajtj99: The one's that hold the price stamps, conditioned traders to buy the dips during the late nineties bubble mania wild swings as they trotted out their paid whores (the talking heads) to tell everyone to buy the dips. Eventually these select talking heads where crowned by the general public as "the ones to listen to".

Once the market began to crest in March 2000, these same talking heads were trotted out to parrot the same old mantras at select inflection points. So, the public continued to buy and hold and believe. Eventually, the talking heads used up their currency gained from their “buy the dip” proclamations during the bubble mania as the public became disgusted with the market's decline.

IMO, about the last 12 months the conditioning process is being applied in reverse. Sell the rallies....a new mind set is being established.