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Politics : Welcome to Slider's Dugout
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To: SwingTrader2006 who wrote (6448)9/18/2007 11:23:00 AM
From: Bituman   of 50439
 
"Your aforementioned statement is PRECISELY what is holding this market UP. Stocks do not top out with such bearish sentiment. Stocks top out when everyone is giddy and making easy money "

We had those giddy conditions in July when the DOW topped 14,000.

I think the bull died February 27th when China sneezed and the globe caught cold...that was the warning shot crossing the bow. IMO, the intervening months have been none other than a major sucker rally...its' been a great market to trade, raise cash and inch into PM's however.
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