Pietro,
You should start a special subject from your "List 3", and list all the names. <g> (of course, it won't be too funny for me, if I am on it!)
I'd be interested in your other lists. I make it a point to search for, and read, all of Mike's posts, each day. I have yet to find someone else with Mike's knowledge. He cuts through the B.S.!
Perhaps, after he establishes his reputation a little better on S.I., he will be promoted out of the Coffee Shop and into Mike Burke's Lounge.
I've just scoured the Internet for reaction to the current market, and the reaction to Garzarelli's statement of doom. The locations that I visited are all VERY negative about the market. I almost picked up an OEX put today (wish I had). Perhaps tomorrow.
Usually when everyone is bearish, it is a sign to buy. In this case, I think that the market is very risky on the downside. There are too many analysts saying "sell". It has to have an effect. Especially since there is a lot of inexperienced 401k cash in funds, and the losses are beginning to take their tolls. Plus, valuations still seem to be high, even though they have come down "some".
What's your/other's guess about the next few days/weeks? |
