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Pastimes : Home on the range where the buffalo roam

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To: mishedlo who wrote (12520)	4/11/2001 1:21:33 AM
From: Boplicity	Read Replies (3) of 13572

I think you are under estimating the power of the psychological component has in pricing of the market and the market's ability to look beyond now. The market is not looking at how bad it is now, it looking to the end of the year, nine months out. Every little hint we get of it not being as bad as you see it to be, will only add to the bullishness. If we so happen to go through earning season without smashing right back down, the bearish case will be overwhelmed. Those that do not see it will be left behind, sweating bullets, worrying about getting in, missing out on a time that is truly the easiest of times to be long. b

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