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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (10381)8/19/2001 3:07:40 PM
From: jeffsthoughts  Read Replies (1) of 209892
 
At first, I thought the appearance of this article could be considered bullish, as a contrarian. But then I realized it is relatively neutral with a downside bias as a whole.

I would interpret this as the analysts slowly admitting they were wrong, and turning bearish. This may be the point where they are right.

Perhaps they will be wrong again, only after a major crash, when the next article comes out and says there is nothing but doom and gloom for the markets with significant additional downside risk.

This article would have been more accurate had it come out 2 months ago. The forthcoming article I suggested may have been right here, rather than in two months when it comes out.

It's as if the tone of these articles can be plotted on a graph, a few months behind the overall market.
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