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Strategies & Market Trends : MP - Market Pulse

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To: HairBall who wrote (797)	7/19/2001 9:53:22 AM
From: JRI	Read Replies (1) of 1328

LG- Thanks for your thoughts. I share you "mystery"...I can make an argument either way here, as long as I forget the opposite sides' arguments <G>... One thing's for certain: If we zoom up from here...let's say even moderately exceeding previous COMPX highs, we will (in all likelihood) be at all-time bullish sentiment levels (via Vix, Vin, bull/bear, AAII, % portfolio in stocks)..... If this occurs (ending say by sometime mid-late August)...that sounds like a perfect set-up for BIG DOWN to me...I don't see any way this market supports a sustained rally thru July/August/Sept/early October

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