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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (52439)6/28/2001 4:16:37 PM
From: Real Man  Read Replies (1) of 94695
 
Nobody is bearish. I'll get stopped out at a profit if it continues to rally. Otherwise, I'll lower stops as it goes down. COT shows that the bullish bets are being made by small traders. Sentiment is overly bullish. Everybody expects a rally here, some to new highs. History shows rate cuts don't work in excessive debt environment. Go with the trend, and the trend is down. BWDIK.

The dollar is about to break, and this is in no way bullish for stocks.
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