All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (31130)	5/4/2000 12:16:00 PM
From: SBerglowe	Read Replies (2) of 42523

Yes C does have that strange diamond formation.. You were correct to mark it "avoid" All the money center banks are weakening as investors begin to realize the implications of a 50 basis point bump. I still see a lot of bullishness on the boards and a fair amount of hype. Couple that with the breadth numbers and continued complacency and a belief that markets always eventually go up. I believe investors may be in for a rather rude awakening over the next several months. Actually the PPT has been rather successful in letting the air out of the market slowly and perhaps that is the way it's going to happen. But, I really don't quite think so.

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