Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: robnhood who wrote (50915)	12/22/2000 10:07:24 PM
From: yard_man	Read Replies (1) of 436258

what I like best is: The market is 'moving ahead in spite of a spate of recent earnings warning' -- they never come out and say it explicitly but what they are implying is: Since folks are buying the stocks on bad news the worst must be over ... oh, I'm so relieved. Now that is BS ... I know there are "technical" bounces ... breathers in the selling just as there were dips that could be bought during the rise, but the above is dumber than dumb ... I keep thinking I wouldn't mind going long for a bounce -- but it's like you say: no fear and no capitulation. They jsut don't give up -- even after the Naz has dropped more than 50% in a year ...

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