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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (32140)5/8/2000 11:11:00 AM
From: Junkyardawg  Read Replies (2) of 63513
 
This may be the indicator you have been looking for.

As of today I am bearish on this damn market.
Seems like something every week comes out in the news to bust this market down. Shit, the Barron's article was ridiculous. How in the hell could a stupid article like that move a great stock like CSCO down? The only reason I can possibly think if is that this is a sellers market.

I can't for the life of me figure out what it will take to turn this market around. Every time something good happens 10 bad things happen to knock it down.

I finally think we need a full blown crash in the Nasdaq before we can go back up again. I thought we had that crash a few weeks ago when the market crashed but it doesn't look like that was it.
Maybe and this is only a guess....maybe we need to hit 3100 or so on the Nasdaq and do it on a very ugly day before we can ever move up.

dawg
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