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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: tradermike_1999 who started this subject1/8/2003 4:28:55 PM
From: energyplay   of 74559
 
Market looked pukey today - lots of red. I think analysts and insititutions are looking towards the first half of 2003, and seeing a weak recovery and lousy earnings numbers, and stock valuations which are still too high for the weak earnings.

I would expect a lot of mushiness and a few sharp drops, maybe late next week or after options expiration.
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