bears, bears, bears, all I see is bears, as far as the eye can see. A buying Mania in reverse, panic selling. Ying Yang. Giant Wall Of Worry, with shorts being bold. Oct. 1999 prices coming up soon. I have only seen two out right positive post. People happy to be in cash, where will all that cash go?
Sorry for lack of T/A to back up the above, I could throw out some ratios but is there any real need too? The market psychology is as bad as I have ever seen. I have to say that this is good. The b2c and b2b, and other Dot.coms have been smashed, bio trashed, generals fallings, old joining new in a synchronicity of fear! hmmmmm
My biggest fear is not a falling market, mines is an endless flat market like 94. We just had the end of the gold rush where the promise of the net has become apparent, they still need to build it out, the shovel makers still have a lot of work to do. In bio, there are shovel makers too.
Greg |