Ken Sheinberg
Ken Sheinberg
emotional fed freak last lose lost market money nest people percent start time trades
People get a little fed up and see their 401(k) money down 40 percent over the last year, so they start to freak out a little bit. It's a very emotional time and the market trades on emotion. I think a lot of people have lost their nest eggs, so do they want to lose more?
downward market middle negative positive pricing sharp situation within
Right now we're in the middle of the range, pricing in some positive news, and the market will be susceptible to negative news. We're in a situation where, within a downward move, you're going to have short, sharp rallies.
economy-and-economics effect rate theory
The theory is that with rate increases, it doesn't effect the 'new economy' stocks.