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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (22111)	11/22/2001 10:28:01 AM
From: AllansAlias	Read Replies (3) of 209892

It does not affect s-t trading, but the suggested equity allocation (average) of Wall Street strategists is now 76%. That's just f*cking shocking: an all-time bullish record. You can not ask for a better fade. The fact is my friend, that we are still in the first phase of this long bear. We have not entered the tender realm of recognition yet. Certain proof is how quickly they announced the new bull recently. At the bottom, years from now, the Wall Street crowd will be recommending a minor allocation to stocks, nobody will be proclaiming a new bull, except a few Elliott nuts, and NOBODY will be buying the dip except commercials and insiders.

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