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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Ramsey Su who wrote (8596)6/5/2001 7:24:47 PM
From: donald sew  Read Replies (1) of 52237
 
Ramsey,

>>>> Is it just me or did anyone else noticed that "concensus" opinion on CNBC has already determined the worst is over. They made it sound like recovery is certain, just how soon and how much? <<<<

Over the last few weeks, I dont recall one analyst saying that the bear market isnt over, and I havent seen TICE or FLECK on CNBC during that period. I have to say Im not watching all day either, but when I do watch the overwhelming comments from the analyst is that the bottom is set.

Frankly, I dont really care since Im a swing trader and try to play as many short-term oscillations as much as possible in both directions. So where the exact bottom is, really doesnt matter that much to me; for a long-termer it is essential.

I think it is dangerous still to have too firm of a bullish or bearish strategy right now.

seeya
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