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And at the "Nasdaq Wall" in Times Square on Bloomberg, we have Jean Lee, who looked very sad today over the continuing bear market, which many said would "never happen anytime soon", with some saying "not even in our lifetimes". Well whaddaya know, it happened. And best of all was the guy right here on this thread, who did not believe me when I said that the Nasdaq had strong resistance at the 5000 level. He told me that 5000 was just another number! Ha! So it was. And he or someone else here did not believe me when I said that we should not be buying CSCO at overvalued levels near it's highs, even though it is a good company. Oh well, I suggest that everyone continue to take me lightly no matter how accurate my calls, because that is exactly the way I like it. Remember, no one replies on my "Yogi Index" thread, they just read it! <ROTFL> Yogi Index: -5 at the close today, which now means that we are extremely oversold, but does not absolutely rule out any further declines from these levels. Let's just say, that with the "Yogi Index", one is better off selling at +5, and buying at -5, but of course there are no guarantees. Just thought I would write this to you, as you are the one who attacked my thread and my proprietary index. Now most of you will look at your portfolios and weep...... Yogi |
