Eichler, while this afternoon, I have donned back my bear suit, don't assume that it will be an "easy trip" down, the market will have a bunch of surprises, Yes, the way this retrenchment today (which was "suposed" to be a minor pull back, not to breach 2100) failed (well the fat lady still has to sing the 2078 tune, but i think it is given that sound will be proclaimed tomorrow), indicates that we may go hard down. Yet, this market has surprises all the time. Two weeks ago it was on its way to 1850, and at 1973, it suddenly (and quite meekly) turned. That market will take each one of us, and prove us to be "fools".
Zeev |
