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Exactly. However, it will be interesting to see if the market just begins to
slide on NO NEWS or whether or not REALLY, REALLY BAD NEWS is needed for it
to crack.
The bulls just shake-off the BAD NEWS......and thus,
the HIGHLY PUBLICIZED "pullback" from the October rally has yet to occur....
> -----Original Message-----
> From: BobsKC [mailto:bobskc@xxxxxxxxxxxx]
> Sent: Friday, November 15, 2002 11:30 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Anyone know of a ...
>
>
> It became too vogue to be in the bear camp. Even on this list,
> there were
> few calling for any upturn and when it gets that popular to be bearish, I
> can nearly guarantee you what is going to happen. This, along with bond
> rates below real inflation and a public spoiled with huge returns from
> equities just a scant few years ago. Most don't believe this move is for
> real even now and that is exactly what will keep it climbing.
>
> Bob
>
>
> At 10:48 PM 11/15/2002 -0500, you wrote:
> >good psychiatrist for the bears ?
> >OMIGOSH - these poor guys must be going crazy.....
> >the worse the news, the higher the market.
> >Now they're going to be cheering for good news.
> >
> >And poor Arch Crawford must be polishing the lens of his telescopes...
> >wondering what stars he was mistakedly seeing....
> >
> >
> >
> >
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> >
> >
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>
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