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: Shack who wrote (84228)	3/22/2001 3:50:44 PM
From: chic_hearne	Read Replies (1) of 436258

Its funny what we're calling a rally these days. The Dung is up all of 27 points. We've really lowered the bar around here. Shack, prior to the rate cut I was calling for 2 minutes to up to 2 days of down followed by a decent rally [on 50 bp]. A few hours ago marked 2 days and she took off. It's just hard for me to imagine that the market would really implode when the Clowns were expecting it to. We've had almost straight down action for the past few months, abet a two day rally here and there. Maybe we're just due for a rally? Of course it don't make sense, but don't fight the tape. With today's reversal, I can imagine how lathered up the bulls must be getting, bears better duck and cover into hibernation. Like you said, rally's are pretty pathetic these days, I'm not expecting any more than a few hundred DUNG points over a few weeks. All bets are off if a news bomb is dropped and considering earnings are around the corner, this may happen. BWTFDIK? JMHO's....

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