This feels like the bottom so, i'll make the call. Are
there anymore shoes to drop?...sure could be but, as
one poster said all this bad news is factored in...or so
we could think. yes yahoo was not the greatest and
MOT just 'made" the numbers and who can forget
LU's timing with their "news" today.
Many out there are saying, well, we must test the
low, yup that's the ticket and other's are standing
back but, at the first sign of any relative strength or
hints thereof, all will climb on board, not wanting to
miss the "bounce" either to get short or to finally go
long...
Many have cashed in their chips and are waiting for
the "right time"...
This market plays absolutely no favorites and just
about every leader has been taken down a few
notches...
We're darn near right back where we started a year
ago...the cycle continues.
Is there that much doom and gloom? Inflation worries,
oil crisis, the "middle east" and the abominal
"election" as if it really even matters.
Oh yeah, the PE's are just too high! well they've even
come down from astronomical to cloud levels...geez!
Now when does GE report? as if that will really
matter, the last bellweather...who's left?
Oh yes, we can go down more but, the inverse could
be argued as well... I say tomorrow we turn...or
tomorrow we burn, none of this in-between stuff
anymore, let's do it! |
