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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who wrote (5760)3/4/2001 10:21:06 AM
From: TraderXx   of 6445
 
Just as an observation, but I think back to when the naz was at 5000 and I was researching and reading alot of information on SI. The sentiment at that time was that even though the naz was powering above 5000, the insiders and traders, of whom I respect and listen to, were slowly relating to their listeners that the market is ripe for a fall. Being a bull market trader (which I suspect most traders here on SI are), I had paid attention to it, but got wrapped up in the whole valuation theory and continued to trade thinking that we had reached a new era in the stock market.

Now that I'm reading alot of messages on SI, I am starting to get the feel that we are starting to come out of this down draft we have experienced in the past year. Don't misunderstand me in thinking that I am naive to think that the market can't guide lower, its just that through my observation of the sentiment of traders here on SI ( the ones I respect) I'm getting a more bullish outlook. Again, I AM a trader and I will trade whichever the trend is going, but I thought that was kind of interesting. Or maybe I am just wishful thinking?

TraderXx
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