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Strategies & Market Trends : Sharck Soup

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To: mish5000 who wrote (31656)7/21/2001 8:32:39 PM
From: besttrader   of 37746
 
Mish5000, look at IBD's "big picture". Bears are at record LOWS and bulls record HIGHS. Everyone that shows their
face on CNBC is BULLISH. Some of them think this is
already a bull market. Valuations are still too high,
and earnings expectations are coming down fast for Q3.
Fundamentally, I don't see how we can break out UP, but
this week, I think we will make a move one way or the
other.
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